We have a Tracker Mortgage..

quarterback

Registered User
Messages
11
..and we're looking at money makeover options and seeing how we could improve our finances etc.

Our current deal is with PTSB and it's a Tracker Mortgage plus 2.25%

My question is should we consider moving to a Fixed Rate or are we bloody lucky to have a Tracker and should stick with it, even though we can expect the ECB rate to begin to move upwards later this year.

Thanks everyone!
 

NorfBank

Frequent Poster
Messages
2,103
The tracker you have isn't the greatest although it is better than being on a variable rate.

Your priority seems to be to get your finances in order so the the security of knowing how much you are going to pay for the next 3, 5 or 10 years is more important than the tracker you are currently on.

My advice would be to consider moving onto the fixed rate.

www.moneybackmortgages.ie
 
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