Oireachtas Joint and Select Committees

Tuesday, 30 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Bank of Ireland

7:10 pm

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

Mr. Boucher advocated that most banks should go down the route of fixed rate mortgages over a period or to at least fix part of the mortgage. At that stage, the bank said that its mortgage rate was about 3%. Does Ms McDonagh agree that a fixed rate mortgage is the way to go? What is the current rate?

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