AIB Interest Rate Hike: How much? To Who? What’ll it cost? Yesterday AIB increased interest rates for both existing and new borrowers. This comes as a huge blow to consumers, in particular given... Continue reading
Irish banks, caught in the perfect funding storm Irish banks are caught in a perfect storm of funding costs versus lending costs which spells bad value for consumers. This is clearly s... Continue reading
Just who is getting the mortgages? Caroline Madden wrote an article in today's Irish Times 'Just who is getting the mortgages?'. It is a question that begs answers, at fi... Continue reading
Sunday Times: Beat the Zombie Banks The Sunday Times had an interesting article by Niall Brady which was pointing out the arbitrage that the consumer could have between re... Continue reading
Are banks lending? A highly debated element of the recapitalisations to date and the NAMA debate have to do with credit flow, that if banks are given mone... Continue reading
30 year Irish bonds: What it means for the mortgage market In the USA the 30yr Treasury is often called the 'long bond' and it is watched (the yields) very closely as it is the indication on lon... Continue reading
Everybody pays, even the innocent There were many innocent parties to the credit fuelled property bubble, they are generally those who didn't borrow, or who carried no d... Continue reading
AIB closing to switchers: Why? And what does it mean? AIB announced today that they will be closed to switcher mortgage business effective immediately. We spoke to Mary Wilson from RTE's Dr... Continue reading
Irish Independent: Your Money, advice on keeping your home We got a mention in today's Indo in the 'Your Money' section, the story is about the one year freeze banks have on repossessions. The ... Continue reading