I wish I was a banker The nationalisation of banks has taken up many of the editorial pages of late, everybody has their own opinion and in particular there ... Continue reading
Euribor yield curve changes April 2009 Below are two charts of the Euribor yield curve (many thanks to Bank of Scotland Treasury for their excellent daily reports!). Here ... Continue reading
Ulsterbank & First Active won’t be passing the rate cut The Ulsterbank Group (which incorporates First Active) have announced they will not be passing on the latest ECB rate cut to their vari... Continue reading
To fix or not to fix, even if it ain’t broken Paul O'Connor from MyHat.ie asked me to do a post about fixed rates, like us, they get lots of questions on mortgages, property etc. ... Continue reading
Financial planning? Get a financial planner! As the lyric goes I’ve been laid up from work my rent is due, my kids all need bran new shoes, money’s too tight to mention... Mick Huc... Continue reading
Stamp Duty ‘Trade In’ deal…. wtf? This post must, by definition start with a giant 'WTF?!', because in it we will be looking at the new stamp duty 'trade in' scheme, bro... Continue reading
The pincer of fixed rates while in negative equity A recent article in the Independent stated that 'fixed rate borrowers are taking all the pain'. The base rate has fallen from 4.25% to ... Continue reading
How does the Geithner Plan work? Sample Investment Under the Legacy Loans Program Step 1: If a bank has a pool of residential mortgages with $100 face value that it is... Continue reading
Rent or Buy the 5 year outlook Today we are going to look at a comparison of renting vs buying with a five year outlook given the current interest rates, the yield ou... Continue reading
Recapitalised banks ‘cherry picking’ applications. The only banks that are truly 'open for business' are those that have received state funding, and this is on both sides of the book. O... Continue reading