Trevor Grant is the chairman of Irish Mortgage Advisors and he says that “in time, the reductions do trickle down. The recent fixed rate mortgage cuts announced by a number of banks is evidence that this is already happening. Indeed, the average interest rate on n...
Nationwide's chief economist Robert Gardner highlighted that despite "modest improvements" over the last year, affordability still "remains stretched by historic standards," and that mortgage payments have outpaced wage growth. "A prospective buyer earning the average UK income and buying a typical fi...
per cent will come as good news for the country's tracker mortgage holders whose monthly repayments will fall immediately following the surprise move by the ECB.A Bank of Ireland spokesman said it was too early to say whether or not the decrease would be passed on to variable rate customers...
ECB policymakers will base their interest rate decisions on the "assessment of the inflation outlook in light of the incoming economic and financial data, the dynamics of underlying inflation and the strength of monetary policy transmission", the bank added. "The Governing Council is not pre-commit...
Builders are grappling with elevated mortgage rates and high prices as well as uncertainty over proposed import tariffs. Tim SmartApril 17, 2025 New Construction Mixed in March The Federal Reserve chairman suggested President Donald Trump’s sweeping tariffs could create ‘tension’ for the central...
Early Signs of Competition in the Mortgage Market ; Variable Rates Are Rising Just as Tracker Mortgages Enjoy ECB Rate CutEarly Signs of Competition in the Mortgage Market ; Variable Rates Are Rising Just as Tracker Mortgages Enjoy ECB Rate CutReddan, Fiona...
Those that are lending are only doing so at extremely high rates of interestfar higher than the base rates set by the Bank of England and the ECB. This lack of lending has been driving up mortgage rates and has led to aclampdown in what people are allowed to borrow on their credit ca...
on the apparent "expropriation of the saver" (Bindseil et al. 2015), on average, the interest income of households remained positive and continued to exceed debt interest payments, although the balance between the two was negative for euro area countries where mortgage debt was particularly high....
Base rate 基准利率 Basel Capital Accord 巴塞尔资本协议 Basis point 基点;点子 一个基点等如一个百分点(%)的百分之一。举例:25个基点=0.25%。 Basis swap 基准掉期 Bear market 熊市;股市行情看淡 Bearer 持票人 Bearer stock 不记名股票 Behind-the-scene...
The loan prime rate (LPR), a market-based benchmark lending rate, saw its over-five-year rate, on which lenders base their mortgage rates, come in at 3.95%, down from the previous reading of 4.2%, according to the National Interb...