Category Archives: Banking

Mortgage Rates set to Increase (PTsb)

This is likely to lead to other institutions following suit, according to Karl Deeter, operations manager with Irish Mortgage Brokers. “In the past it has tended that one institutional move, and then all of the others follow within a short amount of time,” he said.

Banks to abolish fixed-rate mortgages in bid to cut costs

“Banks and building societies are planning to abolish fixed-rate mortgages because they are too expensive for lenders to provide, according to a leading mortgage expert. Banks would prefer to have borrowers on products with variable rates, which can be increased whenever lenders want, according to Karl Deeter of Irish Mortgage Brokers — who correctly predicted last year’s rises in variable rates.

Banks planning to scrap fixed rates? (RTE coverage)

RTE Business news covered a story that appeared in the Independent, the story was based upon our sister company’s report (Irish Mortgage Brokers) in which it was forecast that fixed rates may cease to exist this year because of funding pressures in the banks.

EBS arm to hike mortgage rates

Advisors.ie and Irish Mortgage Brokers Operations Manager Karl Deeter was mentioned in an article by Charlie Weston of the Irish Independent about Haven homeloans, a branch of the EBS