Sunday Independent: Personal debt crisis will be country’s next body blow

We were delighted to get mentioned in the Sunday Independent, a paper that has over 1,000,000 readers. The piece was by Daniel McConnell and was titled ‘Personal debt crisis will be country’s next body blow’.

Karl Deeter, Operations director of Irish Mortgage Brokers, said the EBS and Haven (its broker division) moves on fixed rates would be followed by other lenders.

He said that lenders would also continue to push up variable rates.

“Discontinuing fixed rates within a week of hiking rates spells it out loud and clear — the majority of those on the EBS book are going to be in for painful rate hikes,” he said.

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