Daragh Cassidy from Bonkers.ie explained what people can do to ensure they are getting the best value from their mortgage interest rates. Read more: Cost of living: Consumer expert pinpoints when to switch to smart meter for energy savings
He told RSVP Live: “Remember that you don’t necessarily have to switch lenders, you can if you want to get a better deal. He explained that some lenders will offer you cheaper rates depending on how much equity you have in your home. He gave an example, saying: “In my own case I was paying 3.2% with Permanent TSB when I took out my mortgage three years ago.
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Analysis: Sinn Féin's mortgage interest relief proposal is a terrible ideaFrom both an economic and equity perspective, introducing mortgage interest relief is a bad idea Probably one of the worst piece of writing I have read in a long time, it’s seems the Dept of Finance sponsored this. People are under pressure from a greedy banking industry and the Journal clapping along with them. I remember Pierce Doherty complaining about the level of national debt his children will inherit but in opposition has no problem adding to it if given a chance. Thing is when in gov how fast will they backtrack on the promises or if bond markets turn against them. All they have to do is to only allow mortgages with a fixed rate for the entire life of the mortgage.
Source: thejournal_ie - 🏆 32. / 50 Read more »