Hi,
We recently wrote to BoI to request some give in the 4.5% variable interest rate we're paying. We have been offered a 2 yr fixed rate of 4.0%.
In light of Michael Noonan saying that he's prepared to introduce legislation to give the [broken link removed] control of variable mortgage interest rates, do you think we should be taking up this offer ?
What are the chances variables will dip below 4.0% in the next 2yrs ?
Rob
We recently wrote to BoI to request some give in the 4.5% variable interest rate we're paying. We have been offered a 2 yr fixed rate of 4.0%.
In light of Michael Noonan saying that he's prepared to introduce legislation to give the [broken link removed] control of variable mortgage interest rates, do you think we should be taking up this offer ?
What are the chances variables will dip below 4.0% in the next 2yrs ?
Rob