Bank results have shown strong profitability - gains from lower ECB rates need to be passed on to mortgage holders
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...
Couple have their €220,000 mortgage debt written down and get to keep family home EU dismisses US demands on food standards and ties to China Conor McGregor hosts Tucker Carlson on Dublin tour for ‘great cause, great chat’ People thought we were fools renting in Dublin, but I’...
The RBNZ is ready to increase the policy rate again this week. The question is whether, in light of the latest strong inflation data, whether the hike is +25 bps or +50 bps. We continue to expect the former. Several banks have lifted the mortgage rates, while bond yields... ...
In the UK market, Diageo rallied 2.77% thanks to a rating upgrade by UBS. Severn Trent, Scottish Mortgage, Barclays, Pershing Square Holdings, Lloyds Banking Group, BAE Systems, IAG, Sage Group, Sainsbury (J), Centrica, United Utilities, Smith & Nephew, Marks & Spencer Group and Schrodder...
"A prospective buyer earning the average UK income and buying a typical first-time buyer property with a 20% deposit would have a monthly mortgage payment equivalent to 36% of their take-home pay – well above the long-run average of 30%," Gardner said in the release. ...
P, the so-called LTRO, is the European bank's mortgage loan to the European Central Bank with the required collateral, with a minimum loan of 1 million euros and an interest rate of 1%. The aim is to increase interbank liquidity and maintain financial stability in the European banking secto...
Irish mortgage rates rose by a sharp 62 basis points in March as continued hikes from the European Central Bank pass through to Irish customers. Rising to 3.54%, the average interest rate on a new mortgages increased dramatically from just 2.92% a month prior, with the rate at which Irish...
Reuters Read More Ireland sees largest monthly mortgage rates increase in five years
The close attention that market participants and politicians have paid to central banks in recent years is a measure of their power to influence everything, from an individual’s mortgage costs to the cost of public debt and eurozone stability. ...