Mortgage holders told ‘ switch to fixed rates’

Mortgage holders told ‘ switch to fixed rates’

Dublin : Ireland | Oct 12, 2012 at 12:16 AM PDT
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THOUSANDS of homeowners facing the prospect of big increases in mortgage costs have been told that now is the time to fix their rates.

Around 200,000 homeowners are on variable rates, with others coming to the end of their fixed- rate period.

Up to now variable rates were so low that choosing a fixed rate was too expensive – but that is beginning to reverse.

worldnewspapersco is based in Lárisa, Voria Ellada, Greece, and is a Reporter on Allvoices.
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