{"id":203390,"date":"2025-12-21T10:46:09","date_gmt":"2025-12-21T10:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/203390\/"},"modified":"2025-12-21T10:46:09","modified_gmt":"2025-12-21T10:46:09","slug":"to-fix-or-not-to-fix-the-pros-and-the-cons-of-locking-yourself-into-a-30-year-mortgage","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/203390\/","title":{"rendered":"To fix or not to fix? The pros and the cons of locking yourself into a 30-year mortgage"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"Avant bucked the trend in 2021 by becoming the first lender to offer a fixed rate covering the entire term of a 30-year mortgage. Image: Getty\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/12\/SN Loan vector 4.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Avant bucked the trend in 2021 by becoming the first lender to offer a fixed rate covering the entire term of a 30-year mortgage. Image: Getty<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Buying a home and signing up to a 30 to 35-year mortgage is already the biggest financial commitment you\u2019ll ever make. But would you be prepared to go a step further and commit to paying the same interest rate for 30 years?<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Last month, US President Donald Trump suggested in a Truth Social post that 50-year mortgages could enable priced-out buyers get on the US housing ladder. The post included the words \u201c50-year mortgage\u201d above a photo of Trump and \u201c30-year mortgage\u201d over a photo of President Franklin D Roosevelt.<\/p>\n","protected":false},"excerpt":{"rendered":"Avant bucked the trend in 2021 by becoming the first lender to offer a fixed rate covering the&hellip;\n","protected":false},"author":2,"featured_media":203391,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,969,6188,61,60],"class_list":{"0":"post-203390","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-donald-trump","10":"tag-gabrielle-monaghan","11":"tag-ie","12":"tag-ireland"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/203390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=203390"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/203390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/203391"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=203390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=203390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=203390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}