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Which rate?

jetfiremuck · 2012-04-17 17:22:59

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

17-04-2012 5:22pm

#1

jetfiremuck

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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 17-04-2012 5:41pm

killers1

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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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