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…
tracker
Further cut to ECB rate could be in the offing
Homeowners with tracker mortgages could be set to benefit from further cuts in their monthly repayments this autumn. The head of the European Central Bank,…
Tracker mortgages are now so valuable they may be affecting the market
Yesterday’s ECB rate cut will be a welcome boost for the 400,000 or so homeowners who will see their mortgage repayments fall by 0.25%. However,…
ECB rate left unchanged at 0.75%
The European Central Bank has left its main interest rate at 0.75%, following their meeting today. The move means there will be no increase…
McGrath accuses banks and government of abandoning variable rate customers
The decision of AIB to hike up their variable mortgage interest rate by another 0.5% is further evidence that the banks and the government have…
Permanent TSB cut variable rate by 0.35%
Permanent TSB has announced that it is to reduce its standard variable mortgage rate following the decision by the ECB to cut rates yesterday. The…
The mortgage divide, is it right?
Yesterday’s ECB rate cut of 0.25% will be welcome news to many mortgage holders but for a large proportion, they will never benefit from it.…
Ulster Bank offer new scheme allowing people to keep their trackers if they move
Homeowners will now be able to move house and keep their tracker mortgage, under an exclusive new initiative being put forward by Ulster Bank. At…
Gap between variable and tracker mortgages widens
Research from the Central Bank has found that the average interest rate on variable rate mortgage loans is just under two percentage points higher than…
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…