| The following rates will apply for New Business after close of business 27/08/2010 | ||||||
| Homeloans | ||||||
| Product | Rate | Cost Per Thousand | APR* | |||
| Variable Rates | 15yrs | 20yrs | 25yrs | 30yrs | ||
| LTV Variable Rate <=50% | 3.05% | 6.93 | 5.57 | 4.77 | 4.24 | 3.10% |
| LTV Variable Rate >50%<=80% | 3.10% | 6.95 | 5.6 | 4.79 | 4.27 | 3.10% |
| LTV Variable Rate >80% | 3.35% | 7.08 | 5.72 | 4.93 | 4.41 | 3.40% |
| Fixed Rates | ||||||
| 2 Yr Fixed <=50% LTV | 3.15% | 6.98 | 5.62 | 4.82 | 4.3 | 3.7% |
| 2 Yr Fixed >50%<=80% LTV | 3.30% | 7.05 | 5.7 | 4.9 | 4.38 | 3.7% |
| 2 Yr Fixed >80% LTV | 3.50% | 7.15 | 5.8 | 5.01 | 4.49 | 3.8% |
| 3 Yr Fixed <=50% LTV | 3.25% | 7.03 | 5.67 | 4.87 | 4.35 | 3.7% |
| 3 Yr Fixed >50%<=80% LTV | 3.45% | 7.12 | 5.77 | 4.98 | 4.46 | 3.7% |
| 3 Yr Fixed >80% LTV | 3.65% | 7.22 | 5.88 | 5.09 | 4.57 | 3.8% |
| 3 Yr Fixed FTB Rate | 3.35% | 7.08 | 5.72 | 4.93 | 4.41 | 3.7% |
| 5 Yr Fixed Rate | 4.75% | 7.78 | 6.46 | 5.7 | 5.22 | 4.3% |
Archive for the ‘Financial News’ Category
Irish Nationwide mortgage rate change
Monday, September 6th, 2010Central Bank and Financial Regulator to Clamp Down on First Time Buyer Mortgages
Wednesday, August 18th, 2010The Central Bank and Financial Regulator are set to intervene when concerns exist regarding a lack of safeguards with regards to the underwriting of First Time Buyer mortgages. Measures which are expected to be enforced are:
- Implementation of LTV (Loan to Value) ceiling, as recently announced by the EBS Building Society
- Capping of loan to income multiples
- Limiting the term of mortgages
- Disallowing room rental for qualifying purposes
- Imposing new income verification procedures
With First Time Buyers representing the largest buying group in the 1st half of 2010 this will undoubtedly further reduce the number of mortgages being approved and contribute towards falling house prices.
Global Mortgages
Wednesday, August 18th, 2010Mortgages across the globe for main residences, second homes, works, buy to let and leaseback and equity release at 2.70% fixed for 3 months then Euribor3m + 1.80%. Interest only available. Contact Home Brokers Ireland + 353 (0)818 333 603.
Weekly Investment News from Zurich
Friday, July 16th, 2010Existing mortgage holders with Haven feel the pinch for the second time in 3 months
Friday, July 16th, 2010Haven Mortgages, a subsidiary of the EBS Building Society has increased its variable mortgage rate for existing customers by 0.60% for the second time in the past three months, despite no change in the ECB base rate or increases in rates for new customers. Despite a fleeting interest in retaining mortgage customers during the good times, it appears that existing customers are once again the easy target for profit hungry mortgage lenders. Borrowers might want to consider fee free switcher opportunities that exist in the market…
Jim Power: Economic Outlook ‘Irish Economy technically emerged from recession’
Thursday, July 15th, 2010It is likely that the Irish Economy has technically emerged from recession. however this will not yet be felt at a consumer level. Read Jim Powers full report http://www.homebrokers.ie/blog/wp-content/uploads/2010/07/Economic%20Outlook%20June%202010.pdf
National Pensions Framework
Thursday, March 4th, 2010Yesterday the Minister for Social and Family Affairs, Mary Hanafin, published the National Pensions Framework Document.
The document includes an executive summary which you can view by clicking on the link:
http://www.homebrokers.ie/blog/wp-content/uploads/2010/03/national_pensions_framework.pdf
To view the publication in its entirety, please click:
http://www.pensionsgreenpaper.ie/downloads/NationalPensionsFramework.pdf