Tag Archives: irish mortgages

Minister of finance intervention on interest rates

Tuesday, June 9, 2015

This article originally appeared in the Sunday Business Post on the 7th of July 2015 It seems to be a fait accompli that the banks will drop mortgage rates because the Minister of Finance told them to do so. Thus far talk of any pitfalls are being avoided in the belief that subsidising a certain […]

Filed in Accountancy, Advisors.ie In the Press, Banking, Economics, Fixed Rates, Mortgages, Property, Wealth | Also tagged , , , , | Comments (0)

Irish Times: Karl Deeter & Jim Power mentioned in reference to their Pat Kenny show appearance

Thursday, April 28, 2011

Wednesday’s Today with Pat Kenny (RTÉ Radio 1, weekdays) provided a more less heartening illustration of contemporary mores. The economist Jim Power and the mortgage broker Karl Deeter were in the studio to discuss AIB’s tentative debt-forgiveness proposals for distressed mortgage holders.

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Irish Indepdendent: Last lender to pull switcher deals

Monday, February 28, 2011

We were pleased to get a mention in Saturday’s Independent in an article by Charlie Weston about KBC Bank removing their switcher deal, our quote that appeared is below. Operations director of Irish Mortgage Brokers Karl Deeter said EBS and KBC would still accept switches but no longer offer an incentive. EBS dropped its switcher offer last year. “This is the final death knell of loan incentives in the mortgage market. Now, far from wanting your business, banks want to find ways to turn you away or charge increasingly higher rates,” Mr Deeter said. He said switching offers and fixed rates were going to be the victims of this year’s mortgage market. “The last switcher offer just died, and fixed rates are being whittled away.”

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