How Long Should You Hold on to Your Tracker?

A large cohort of people attracted mortgages in the Irish market and probably more so than other markets around Europe. Those people benefited enormously when rates went down to zero because they were only paying the margin above ECB, which might have been half a percent in some cases. Some people were on margins of up to 3.25%. Now 3.25% on top of the ECB rate, which is going to be I think probably 3% next week, that's 6.25%. Well, if they can fix a 3.5% for five years, then they should do so. Ulster Bank and AIB are a bit behind the others in raising their rates. So most people who have AIB