This is a Personal Finance Friday question from several of our Financial Planning clients. A tracker mortgage (or tracker variable rate mortgage) is a mortgage where the interest rate is tied to a tracked rate, such as the E.C.B. rate plus a set amount. If the E.C.B rate is 2%, and your set amount is +1%, you’ll pay 3% interest on your mortgage. Simple! *This is an early video for us. Our video skills and equipment improve with time, please be forgiving. We offer financial planning and education, the media stuff is a work in progress. Watch this video on YouTube. Watch this video on FaceBook. Comments are closed.
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Financial literacy leads to reduced stress, better decision making and the ability to plan to meet your personal goals.
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