The changing values of Irish property. Property values in Ireland are down over 20% from their 2006 highs, there are reports saying less but the issue in Ireland is that the ... Continue reading
Why a bank might not bother passing on a rate cute. Banks have been at the epicentre of the financial crisis gripping the world in 2008. The thing that must be understood is that the form... Continue reading
ECB cuts rates by 50 basis points Today the Central Banks of Europe cut rates, the Bank of England started with what was their biggest ever single rate cut in their hist... Continue reading
What is Negative Equity? The easiest way to describe this is to first decribe what equity is. Equity in a property is the difference between the value of the pr... Continue reading
The shape of reduced credit in Ireland The current market is one in which mortgage lending rose at it's lowest rate since the mid 80's, this is coupled with a property market... Continue reading
How can I avoid reposession? With news coming in that repossessions are rising it is an opportune time to give our readers a few ideas of what you can do should you... Continue reading
Is a tracker better than a fixed rate? This is a question that was put to me recently, it made me grin on several levels, firstly because the mainstream public still don't fu... Continue reading
Mortgage Rates Mortgage rates are normally described as a percentage, be it 5% or 3.98% the important thing to remember is that it merely interprets t... Continue reading
Rate Expectations In the Book Great Expectations by Charles Dickens we saw Pip help out an escaped convict, one who had done some wrong, the convict late... Continue reading
The stage is set for Euribor Trackers now that ECB ones are gone. The market recently witnessed the death knell of the last tracker available, it was Leeds Building Societies high margin ECB + 2.2% off... Continue reading