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
Good news: Rate drops and recovery indicators Doom is the only thing selling lately, but today we will bring you some of the Sunny statistics that are being largely overlooked. This... Continue reading
New build a loser? Banks are now reducing the LTV they will offer for new build properties but not in the second hand market and today we will look at why... Continue reading
Some quick thoughts on inflation. There are a few things that concern me regarding inflation, I have listed them as bullet points. 1. Paul Volcker said that he is conce... Continue reading
Irish fixed rates March 2009 The fixed rates below are the top three buys of each type One year fixed rates AIB (first time buyers only) 2.4% KBC (first time ... Continue reading
Irish variable rates March 2009 Here are the variable rates on offer at present from Irish lenders AIB variable 2.79% ICS variable <50% LTV 2.90% BOI variable <... Continue reading
The Criteria Crunch We have just been informed that one the lenders we deal with are only getting through applications received by the 4th of March, that i... Continue reading
The ‘Rich Man’ died a ‘Pauper’… LTV’s and Life Cover There is a risk creeping into the lives of many that they are not aware of, one that every generation has continually faced and also on... Continue reading