21 Jan 2009 12:00 AM:

Hello,

Does anybody have the same problem as we do with their bank in Spain. Our mortgage is with Cajasol [previously El Monte], we have a variable mortgage, however the bank only review the rate every six months, which means we are  paying over 6.5 % for another three months. We would be grateful if anyone has any relevant information. In Ireland with a variable rate the bank reviw the rate monthly.

Sue

 

Community thread: Interest Rates

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