๐๐๐ฎ๐ฟ๐ฎ๐ป๐๐ฒ๐ฒ๐ฑ ๐ณ๐ถ๐ ๐ฒ๐ฑ ๐ฟ๐ฎ๐๐ฒ ๐ผ๐ณ ๐ฏ.๐ต๐ฑ% ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐ณ๐๐น๐น ๐๐ฒ๐ฟ๐บ ๐ผ๐ณ ๐๐ผ๐๐ฟ ๐บ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ!
Important Update in Mortgage Industry
We have some noteworthy news to share! There’s been an important update in the Mortgage Industry. Avant Money is leading the way by making strategic changes in the mortgage sector. As reported by the Irish Independent, Avant Money has taken the bold step of being the first lender to reduce mortgage rates since last year, and, additionally, introduced a pioneering ‘Fix for Life’ offer for borrowers. However, itโs also worth noting that there may be a slight increase in shorter-term fixed rates. This update in mortgage industry marks a significant shift that homeowners and buyers should be aware of.
Financial Stability Through Long-Term Fixed Rates
Moreover, this substantial development brings an added layer of financial stability to homeowners. With long-term fixed rates, homeowners are given a safeguard against the unpredictable fluctuations in interest rates, thereby ensuring your peace of mind throughout your mortgage journey. Keeping up with this update in mortgage industry allows you to make more informed decisions about your financial future.
Our Commitment to You Amid the Update in Mortgage Industry
Here at the Irish Mortgage Corporation, your needs and dreams are our foremost priority. We are dedicated to providing you with the most comprehensive and up-to-date information, as well as advice perfectly suited to your unique circumstances. We understand that the intricacies of mortgage decisions can often be overwhelming. Therefore, it is our mission to help guide you, making the process smoother and more accessible.
How We Can Help You Navigate This Update in Mortgage Industry
Consequently, we invite you to reach out to our expert team of advisers, who are always ready to discuss how this exciting update in mortgage industry might influence your mortgage journey. Whether you’re a first-time buyer, considering a mortgage switch, or planning to invest in a property, we are here to help you navigate this dynamic market.
Stay Connected
Finally, stay updated with our website for more industry news and helpful insights. Always remember, your dreams drive what we do โ together, we can make them a reality!
Updated Mortgage Pricing: New Rate Tables Effective 26 May 2023
| One Mortgage Rates (effective 26 May 2023)
Rate shown applies for the full term of the mortgage |
||||||||
| Mortgage Term |
60% LTV |
70% LTV |
80% LTV |
90% LTV |
||||
| Rate | APRC* | Rate | APRC* | Rate | APRC* | Rate | APRC* | |
| 5 to 30 years | 3.95% | 4.05% | 4.00% | 4.11% | 4.05% | 4.16% | 4.10% | 4.21% |
| New Fixed Term Rates (effective 26 May 2023)
Rate shown applies for the fixed term period with the prevailing follow-on variable rate thereafter |
||||||||
| Fixed Term Period |
60% LTV |
70% LTV |
80% LTV |
90% LTV |
||||
| Rate | APRC* | Rate | APRC* | Rate | APRC* | Rate | APRC* | |
| 3 years | 3.60% | 3.61% | 3.65% | 3.63% | 3.75% | 3.80% | 3.80% | 3.82% |
| 4 years | 3.75% | 3.68% | 3.80% | 3.70% | 3.85% | 3.85% | 3.90% | 3.87% |
| 5 years | 3.80% | 3.73% | 3.85% | 3.75% | 3.90% | 3.89% | 3.95% | 3.91% |
| 7 years | 3.95% | 3.87% | 4.00% | 3.90% | 4.05% | 4.01% | 4.10% | 4.04% |
| 10 years | 3.95% | 3.95% | 4.00% | 3.99% | 4.05% | 4.07% | 4.10% | 4.11% |
| Follow-on variable | 3.50% | 3.50% | 3.70% | 3.70% | ||||
*APRC is the Annual Percentage Rate of Charge. This rate allows a customer to easily compare mortgages from different lenders. It considers all the costs involved over the term of the mortgage such as set-up charges and the interest rate. The lower the APRC, the lower the monthly repayments and cost over the full term of the mortgage.
Terms & Conditions Apply
