Jump to content
House Price Crash Forum
Sign in to follow this  
Ash4781

Ebs Withdraws Fixed Rate Mortgage Offers

Recommended Posts

http://www.irishtimes.com/newspaper/ireland/2011/0217/1224290026764.html

EBS BUILDING Society is withdrawing all offers of fixed-rate mortgage packages for new and existing customers in a move that will significantly reduce the options for mortgage holders anxious to lessen the impact of the latest round of variable interest rate hikes.

Following on from the thread the other day regarding the state of the Irish mortgage market. The article is quite breath taking; withdrawing fixed rates, raising borrowing rates and 'trapped borrowers'.

UK not far behind ? http://www.uswitch.com/news/money/fixed-rate-mortgage-deals-pulled-after-inflation-rise-800407952/

Edited by Ash4781

Share this post


Link to post
Share on other sites

Funding via the market drying up? Or this combined with increasing inflation?

Ireland is slowly spiralling out of control, probably due to the uncertainty over the election, the market fearing a party might win that could tell them to go fook themselves and just default.

I'm sure it's nothing like the problem hasn't been contained with the bailout and the bank run continuing.

Share this post


Link to post
Share on other sites

http://www.irishtimes.com/newspaper/ireland/2011/0217/1224290026764.html

Following on from the thread the other day regarding the state of the Irish mortgage market. The article is quite breath taking; withdrawing fixed rates, raising borrowing rates and 'trapped borrowers'.

UK not far behind ? http://www.uswitch.com/news/money/fixed-rate-mortgage-deals-pulled-after-inflation-rise-800407952/

I read that thread the other day. I am still confused as to what the variable rate is in Ireland. Is it tied to the EU base rate.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.