Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

switching from Variable mortgage to Fixed

Options
  • 20-08-2009 12:17am
    #1
    CyaL8r
    Registered Users Posts: 161 ✭✭


    Hi All.
    I'm just wondering if I get a Variable mortgage now while the rates are low is it possible to switch to Fixed when rates begin to go up?
    I know it is possible to go the other way Fixed to Variable (If you pay a sizeable amount for switching)

    Thanks is advance.


Comments

  • Options
    #2
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,920 Admin ✭✭✭✭✭Toots


    Yes, you should be able to fix it without any problems, although the rates might be higher than the variable.


  • Options
    #3
    eman66
    Closed Accounts Posts: 602 ✭✭✭eman66


    Won't the lenders always be one step ahead, though?


Advertisement