how long to fix with BOI ?

Discussion in 'Mortgages and buying and selling homes' started by July25, Nov 14, 2017 at 10:29 PM.

  1. July25

    July25 New Member

    Posts:
    5
    I got a mortgage with BOI last and fixed for 1 year @3.55%, and feel glad that I didn't fix for a longer time, with recent reductions in interest rates.

    I have now the option of fixing @3% , but undecided about fixing for 1, 2, or 3 years? I know nobody can predict if rates are likely to drop further or start to increase again!
     
  2. renter45

    renter45 Registered User

    Posts:
    17
    Ulster bank are offering 2.6% fixed for 4 yrs & €1,500 towards legal costs, worth a look.
     
    Sarenco likes this.
  3. Maxed123

    Maxed123 Registered User

    Posts:
    11
    We are gonna fix for 3 yrs at 3%.
    For us we need to know how much we will be paying each month for the mortgage and no surprises in the next couple of yrs. We will have huge crèche fees as well. Boi variable rate is just too high.