Tag Archives: financial advisors dublin

Sunday Independent: How much to give up your tracker?

Monday, May 9, 2011

You’ve a 25-year tracker mortgage of €250,000. If switching from your tracker rate of 2.25 per cent to the standard variable mortgage of 4.19 per cent, you would need a €47,000 payoff to break even, according to Karl Deeter, head of customer advice with advisors.ie. You would have to use this €47,000 to reduce the amount you are borrowing — so instead of borrowing €250,000, you borrow €203,000.

Filed in Accountancy, Advisors.ie In the Press, Economics, Financial Advice, Mortgages, Savings | Also tagged , , , , , | Comments (0)

Irish Examiner: Homeowners face a 1% interest rate hike in 2011

Friday, January 7, 2011

We were quoted in the Irish Examiner today in an article by Niamh Hennessy, extract is below.

“The Irish Mortgage Brokers expect banks to push up interest rates by another 1% this year. Any move would add €1,280 a year to a €200,000, 25-year loan. They said rate increases may start this month.

Filed in Accountancy, Advisors.ie In the Press, Mortgages | Also tagged , , , , , | Comments (0)