Ulsterbank and First Active pinch on the back of RBOS woes. This week Ulsterbank again made news in announcing that they were ‘leaving the broker market’ as of the end of May 2008. From the persp... Continue reading
Will we get a rate reduction? Not if the ECB does it’s job we won’t. I have seen articles in the news and economists from large lending institutions are saying they believe we will see two rate reductions... Continue reading
Auction Rate Bond Market feels the pinch There has been unforseen intervention by the US Fed in the American markets, however there is still a domino effect, today we saw that ... Continue reading
Learn a little about gardening to avoid inflation. I know in advance I’ll draw some laughs (the ‘at’ kind, not the ‘with’ kind) due to this post but I do think it’s relevant. Today I am ... Continue reading
Stoozing? … It’s Money for nothing and the bips for free. I kind of paraphrased a line from the Dire Straits song ‘money for nothing’ and replaced ‘chicks’ with ‘bips’. Bips are ‘Basis Points’ ... Continue reading
Intersted in going broke? Should banks raise interest rates? I had the pleasure of being on Newstalk last week with Eamon Keane and during our brief chat I had mentioned that banks are lending out... Continue reading
Some quick Tips about Irish Mortgages and getting a Mortgage in Ireland. If you have never bought a house then all the talk you will hear about mortgages might be fairly confusing and even frightening. Back i... Continue reading
The upside to Negative Equity? Sometimes I write articles that are inflammatory, today’s is of that ilk, I want to point out some of the upsides to Negative Equity. T... Continue reading
UBS write down €37 Billion, wait…How much is a billion? When you hear people talking about ‘A Billion’ be it a Bank talking about a billion in write-downs, or a politician talking about a bil... Continue reading
What is a mortgage broker? Why use a mortgage broker? Today’s blog entry will be shorter than usual, because I have to leave soon to go to the annual MoneyMate awards for 2008, Irish Mortga... Continue reading