Fixed-rate mortgage warning on ECB rate rise | Irish Examiner – Fixed-rate mortgage warning on ECB rate rise. The Central Bank said that excluding renegotiations of existing home loans that there were 7.5bn of new mortgages sold in the 12 months to the end of June. Some 59% of all new home loans were for fixed-rate mortgages in the three months to the end of June.
Is the Lowest Mortgage Rate Always the Cheapest? – Similarly to fixed rate mortgages, discount rates give you a cheaper rate for a limited time only. Discount mortgage rate periods are a bit more flexible and the deals can run anywhere between 20 months to five years, whereas fixed rate deals usually only run for two years or five years.
30-Year Fixed-Rate Mortgages Since 1971 – Freddie Mac – Monthly Average Commitment Rate And Points On 30-Year Fixed-Rate Mortgages Since 1971
Interest Rate By Year Interest rate – Wikipedia – Interest rate. It is the rate a bank or other lender charges to borrow its money, or the rate a bank pays its savers for keeping money in an account. Annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualised .