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MY | MONEY NEWS
Mortgage lender Avant Money said today it is launching the lowest four and ten-year fixed rate mortgages in the Irish market. | It also said it was reducing rates on its existing seven-year fixed rate product as it continues to focus on delivering savings to consumers. Avant said its new ten-year fixed rates will start from 2.1%. Customers moving to Avant Money on the new ten-year fixed rate would save €45 a month and €12,685 in total over the life of their mortgage versus the next best mortgage provider. | Consumers' anxiety levels here are at their lowest in a year, the latest Deloitte Ireland's State of the Consumer Tracker shows. | Deloitte said that for the third month in a row, the April survey recorded increases in consumer confidence in engaging in person-to-person services (up 9%), visiting physical stores (up 6%) and going to a restaurant (up 6%). Concerns around job loss were down by 9%, while consumers' intent to spend on travel was up by 19%. | The annual rate of consumer inflation rose by 1.1% in April, according to the latest figures from the Central Statistics Office. | This marks the first positive annual rate since March of last year. The main factors behind the prices increases last month were higher energy and fuel prices. On an annual basis, petrol is up 8.4%, diesel is up 7% while the price of home heating oil is up 28.5%. |||