tracker

Further ECB rate cut expected this summer

Further ECB rate cut expected this summer

Tracker mortage holders could be set for another rate cut this summer. A report in today’s Irish Independent claims that the European Central Bank will be forced to reduce its key lending rate in June. That will mean cheaper repayments for the 375,000 people who…
Should banks pass on rate cuts?

Should banks pass on rate cuts?

Today's topic may be a little contentious... In a surprise move yesterday Mario Draghi, the brand new ECB President, reduced interest rates and indications are that they may go lower again in the near future (he had been president for a mere 3 days to…