Thrifty News Digest May 2, 2011

  • How much of a payoff should you get to give up your tracker?

    SWITCHING TO AN EXPENSIVE STANDARD VARIABLE MORTGAGE: The Independent Mortgage Advisers Federation (IMAF) calculated how much of a payoff you would need to get to make it worth your while switching from a tracker rate of 2.25 per cent to an expensive standard variable mortgage.

  • How much is your tracker deal worth… to your bank?

    LENDERS should be offering payoffs of as much as half of your mortgage to make it worth your while giving up your tracker mortgage, the Sunday Independent has found.

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