How Bank of Ireland’s Mortgage Rate Cuts Can Benefit You
Bank of Ireland has announced a 0.5% reduction in its fixed mortgage rates for both new and existing customers, effective immediately. This move is set to benefit homeowners across all Building Energy Ratings (BER), from A to G.
Read the original article on RTÉ
For instance, a four-year fixed rate is now available at 3.1%, depending on the property’s BER. This adjustment translates to an annual saving of approximately €1,000 on a €300,000 mortgage compared to the previous rates. Additionally, the bank has introduced a new one-year fixed rate product starting at 3.3% for mortgages of €250,000 and above.
In light of these developments, it’s an opportune moment for homeowners and prospective buyers to assess their mortgage options. Collaborating with award-winning advisors, MoneyCoach partners with the Irish Mortgage Corporation to provide tailored guidance, ensuring clients secure the most favourable mortgage rates available.
Given the dynamic nature of mortgage rates, seeking expert advice is crucial. The Irish Mortgage Corporation’s advisors are equipped to navigate these changes, offering insights that align with individual financial goals.
For those considering a new mortgage or looking to refinance, consulting with seasoned professionals can lead to significant savings and optimal financial planning. The recent rate cuts present a timely opportunity to explore options that best suit one’s financial situation.
Staying informed about mortgage rate fluctuations and engaging with experienced advisors can make a substantial difference in one’s financial well-being. The partnership between MoneyCoach and the Irish Mortgage Corporation exemplifies a commitment to providing clients with the expertise needed to navigate the evolving mortgage landscape.
You can speak to an advisor: IMC
Irish Mortgage Corporation is regulated by Central Bank of Ireland
Irish Mortgage Corporation t/a MoneyCoach is regulated by Central Bank of Ireland
Leave a Comment