best mortgage rate at present?

dinneenp

Hi,

do any banks have tracker mortgages left?Or what bank has the best rate at the moment?
I'm with TSB and want to change. We have a tracker- it's +1.68% above ECB.
Currenty 5.43 (with Oct drop) and will go down to 4.93% in Dec (Nov drop).

Cheers,
Pa

kmick

http://www.mortgages.ie/index.cfm/spKey/home.mortgage_rates.html

DeadSkin

Don't think trackers are available any more.

Morrisseeee

I've heard a few people tell me that Banks are trying to get customers off Trackers & onto Variable, saying that its a BETTER move ! doh !!

Ogham

kmick wrote: »

http://www.mortgages.ie/index.cfm/spKey/home.mortgage_rates.html

That link is not a good guide - no mention of Halifax 4.9% Variable and it uses APR all the time even on fixed rates - which is fairly meaningless for a fixed rate comparison. They are brokers - and may well not list all rates from lenders who don't pay them commission.
Lowest rates are on www.moneyguideireland.com

DeadSkin

Morrisseeee wrote: »

I've heard a few people tell me that Banks are trying to get customers off Trackers & onto Variable, saying that its a BETTER move ! doh !!

Suppose it's the one little bit of pleasure we can get from the banks. Eevn if it does take them 30 days to pass on any rate cut, I think they have to pass it on within that timeframe, once you're on a tracker.
If you're on a var mortgage, I don't think they are under any obligation to follow the ECB.

dinneenp

true, but most banks don't have trackers anymore....or if they do the rate is +a lot above the ECB.