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Should i fix my Mortgage now

alwaystherain · 2011-02-04 12:52:19

At the moment my im paying close to 800 a month interest 4.23 EBS. Is now a good time to take out a fixed rate 5 years being 5.65. This put about 150 a month on top of what im paying but i believe EBS will soon put up there rates by 1% and then maybe the ECB might make hikes in the near future. What you all recon time for…

04-02-2011 12:52pm

#1

alwaystherain

Registered Users, Registered Users 2 Posts: 55 ✭✭

Join Date: August 2010

Posts: 30

At the moment my im paying close to 800 a month interest 4.23 EBS.
Is now a good time to take out a fixed rate 5 years being 5.65.
This put about 150 a month on top of what im paying but i believe EBS will soon put up there rates by 1% and then maybe the ECB might make hikes in the near future.
What you all recon time for a fixed rate or wait and see.
Also is it true with fixed rates the bank and put them up before the end of the agreed term.

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