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Source: Irish Mortgage Corporation Irish Mortgage Corporation, The service offers access to the full product range offered by each of the banks and building societies currently operating in the Irish market. “This is an exciting new service which will benefit everyone looking for a mortgage,” said Mr. Frank Conway Director with Irish Mortgage Corporation. “With over 300 different types of mortgages now on offer to consumers, finding and comparing the best rates & terms has become more important than ever. This new service offers homeowners and first time buyers access to all rates on offer, following which they can and make their application online.” First time buyers will be particularly assisted by the service claimed Existing homeowners will equally benefit from the new service. “There is a great awareness of the value of switching or refinancing an existing mortgage to a better rate. Existing homeowners are advised to shop around and get sound, independent advice before they do so. Homeowners should always do their homework before they switch and ensure the rate they are being offered will provide long-term savings. Irish Mortgage Corporation advises homeowners to review all of their borrowings at least once a year to ensure they are availing of the best value”. “The Irish mortgage market continues to evolve and is becoming increasingly competitive with more streamlined products being made available. While many banks may offer aggressively priced discounted offers to consumers, it is also important for consumers to look at both the long-term cost of a product and other terms and conditions of a product that may impact on the overall value of a particular product. “”What many homeowners may not know is that they can refinance an existing mortgage to a better rate”. said Mr. Conway. The new mortgage comparison service is available at www.irishmortgage.ie.
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