Tag Archives: finance

TV3 – Ireland AM, 23rd May 2012

In this piece Noleen Blackwell from FLAC and Karl spoke to Mark and Sinead about mortgage arrears and figures that were due out from the Central Bank. This was our first time to go on Ireland AM and as always everybody was lovely but not afraid to offer challenging debate on the topic.

Irish Times: What first time buyers want…

We were mentioned recently in the Irish Times by Frances O’Rourke in a piece about first time buyers. Mortgage broker Karl Deeter is just as certain of the trend towards houses: “The overwhelming majority of our clients, over 90 per cent, are not looking to buy apartments.” He doesn’t think people are – or should – make a decision to buy on the basis that their mortgage repayments would be similar to their rents. Many people will stretch a little to pay the mortgage on a house they plan to live in forever “or at least the foreseeable future”. (He also reminds would-be buyers that mortgages taken out next year will get a reduced rate of mortgage interest tax relief before it disappears after 2012.

Sunday Business Post: The Insider – recovery without austerity.

We were delighted to be this weeks ‘Insider’ at the Sunday Business Post, we looked at the mortgage market statistics and the idea of recovery without austerity.
The truth is a hard thing to suppress. Last week, we had another stark revelation about the mortgage market after RTE reported that there are now e20 billion in home loans with some level of arrears. That represents about one in six loan accounts.

TV3 The Morning Show with Sybil & Martin, ‘Property Watch’

Once a month we get to talk to Sybil Mulcahy & Marting King on their ‘Propertywatch’ piece. This month we were looking at auctions and ECB rate increases as well as general finance.

Sunday Business Post: Opinion piece by Advisors.ie on Mortgages

We had an opinion piece in the Sunday Business post this week on mortgages, the full version is in this posting, or you can get it on the Sunday Business Post website in the ‘news’ section.

Irish Times: Homeowners wary of ECB rate hikes

Conor Pope wrote in the Irish Times: “It is probably going to be the first of several moves but how close those moves come together and how aggressive those moves are is something that remains to be seen,” says financial analyst and mortgage adviser Karl Deeter. “Unfortunately there is only a lower limit on interest, there is no upward limit and in theory rates can go as high as they want to. If you look at our total number of mortgages and the number that are in distress versus where we probably should be, it is clear that thus far the low rates have has actually served us well and saved the country from having a much larger problem,” Deeter says.

New blow for homeowners as Ulster Bank hikes fixed rates

rish Mortgage Brokers director Karl Deeter said the bank was effectively now out of the fixed-rate market, as new customers could only get a fixed rate if they were borrowing less than half of the value of the home. He added that only a small number of existing borrowers would qualify for a fixed rate, but with the rates so high nobody would take them up.

The Eleventh Hour, RTE 2, 9th February 2011

We were delighted to take part in The Eleventh Hour on RTE 2, a new current affairs programme that also has some refreshing comedy thrown in!

TV3 Morning Show with Sybil and Martin

We were delighted to feature on TV3’s ‘Morning Show with Sybil and Martin’ in their monthly property slot alongside Angela Keegan of MyHome.ie
Karl Deeter discussed the financial aspects of the Irish property market while Angela covered property prices in general.