Oireachtas Joint and Select Committees

Tuesday, 23 January 2018

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

Tracker Mortgages: Allied Irish Banks

4:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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In the contract documents that they have, if their mortgages are still live, they could have taken out a tracker on day one but most opted for a fixed rate for a period, usually three or four years. Is that correct?