New law being considered to force banks to pass rate cuts own to homeowners
THE government could be set to introduce new legislation which would force the country’s banks to pass on interest rate cuts as set out by the European Central Bank. The move comes after a number of...
View ArticleThree further rate cuts on the way from ECB but will banks pass them on?
It has emerged that three further interest-rate cuts are expected from the ECB in the coming months to follow on from the 0.25% cut delivered at the start of November. However, it remains to be seen...
View ArticleThree banks charging significantly more than ECB rates
THREE banks are charging their variable customers way over the ECB rate, new research has revealed. The Irish Independent has reported today that Permanent TSB, Ulster Bank and EBS are charging...
View ArticleECB rates expected to fall to 0.5% by middle of the year
Top economists at some of the world’s leading banks have predicted that the ECB rates will hit a record low of 0.5% by the middle of 2012. The prediction was made by economists from US banks Merrill...
View ArticleSlowdown could boost chance of ECB rate cuts
Figures from the European Central Bank show that growth in the euro zone’s money supply, a key indicator of demand in the economy, slowed again in December. This could accelerate the ECB into carrying...
View ArticleClik here to view.
Rents up 9% in year to May
The cost of renting a home rose more than 20 times faster than the average level of inflation over the last year, according to new figures from the Central Statistics Office. The data show that private...
View Article
