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Experts at MyMortgages.ie say market developments are signalling an impending explosion in the fixed rate mortgage market in Ireland. KBC is the latest to slash its rates to five year fixed rate to 2.8 percent with Ulster Bank offering a 2.3 percent two year fixed rate and a 3.25 percent fixed rate for seven years. PTSB have also recently dropped its fixed rates to 3.7 percent for existing customers. According to the mortgage brokers, these cuts signal real savings for mortgage holders.
Responding to the recent Banking and Payments Federation Ireland mortgage drawdowns for the second quarter of 2018, Brokers Ireland have stated that the standout figure is a 95.5 percent year-on-year increase in the volume of re-mortgaging/switching, indicating that Irish consumers are getting the message there is value to be had in switching.
Insider thought she lived on an island called Ireland and in a state called the Republic of Ireland. However, Insider recently realised she is wrong. According to The Marian Finucane Show, His Excellency John Bruton, and sundry officially sanctioned happenings - from Enda Kenny's Brexit gas-passing shop to events celebrating Irish classical composers - Insider now realises she in fact lives on an island called Island.
Before the 'Send' icon was clicked, someone should have asked Labour Galway West TD Derek Nolan if he wanted one final look over his press release welcoming Budget 2016, because concluding this happy statement, entitled Family-Friendly Budget Ensures Right People Benefit From Recovery, is one hell of a howler.