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Which rate?

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  • 17-04-2012 6:22pm
    #1
    jetfiremuck
    Registered Users Posts: 3,467 ✭✭✭


    Got mortgage rate options for €85k loan 20yr.Variable 4.8%, 2yr fixed 5.65%, 3yr 5.7%, 5 yr 6.15%. difference Im looking at is variable v 3yr fixed. Its €42.72/month approx over the variable. Should I be worried about ecb rate hikes in the near future or go variable? Thanks


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    #2
    killers1
    Registered Users Posts: 1,443 ✭✭✭killers1


    jetfiremuck wrote: »
    Got mortgage rate options for €85k loan 20yr.Variable 4.8%, 2yr fixed 5.65%, 3yr 5.7%, 5 yr 6.15%. difference Im looking at is variable v 3yr fixed. Its €42.72/month approx over the variable. Should I be worried about ecb rate hikes in the near future or go variable? Thanks

    Is that an existing mortgage as opposed to a new loan? Which lender?


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