Tea & Mortgage Podcast #28 - New Tracker Mortgages?!, The Big Short, & Michael Jackson the musical.

It’s episode #28 of the Tea & Mortgage podcast with Ireland’s favourite mortgage broker, John Coleman!

In this episode, John and American co-host Norm Schriever go in-depth on the new Flex Mortgage offering from Avant Money.

Dare we say this is a “Tracker Mortgage,” but it’s not the same type of tracker loan that go so many banks in trouble during the worldwide financial reshuffling of 2008. Those tracker mortgages definitely come with bad memories and negative connotations, but this new & improved tracker mortgage – the Flex Mortgage by Avant – is not the same animal.

Instead, you your rate is linked to the 12-month Euribor rate and will be reset each year based on 12-month Euribor market rates. That means it could go up or down, but only once a year, and will be less volatile than your father’s Tracker Mortgage.

Furthermore, you have the flexibility to overpay your mortgage anytime or move to another product with no penalty, but can benefit from a variable rate as low as 3.30%.

In the podcast, we also talk briefly about the movie, The Big Short, about the mortgage meltdown in the United States.

And John shares his review and experience of Michael Jackson the Musical, a theatrical show he recently saw in London.

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As always, please contact us if you have any questions about the new Flex Mortgage or need anything at all!

John Coleman

JC Mortgages
☎️ 01-8102032
📲 086 3970039
📩 john@jcmortgages.ie
💻 www.jcmortgages.ie