Mortgage News - Page 29
Investment tracker mortgage
Mortgage Company of Ireland can now recommend historically low rates of 1% over euribor for certain qualifying investment property mortgages .This product is primarily directed at investors with two or more properties wishing either to remortgage or purchase additional properties.In certain circumstances first time investors will also qualify. » read more
Irish Times highlights calculators
Reviewing the site the commentary on the calculators included :The stamp duty calculator is convenient and simple to use. » read more
First Time Buyers Grant abolished
Following a review of spending estimates by the Minister for Finance the First time buyers grant has been abolished.In order to qualify for the grant buyers must have a signed contract for the purchase of the property in place before the 14/11/02 .Payment of a booking deposit is not sufficient.It seems unlikely that the Minister will reverse this decision despite widespread criticism. » read more
Interest rates fall in United States
The reduction in base rates in the US is likely to add pressure on the European Central Bank to... » read more
Residential investment mortgage calculator added to site.
The introduction of our residential mortgage calculator has proven very popular with our clients and visitorsUsing the interactive features, visitors can compare investment scenarios using a range of assumptions. » read more
Most of the major lenders have now reduced their fixed term mortgages.
In line with expectations that the ECB will hold rates at current levels for the next few months most of he major lenders have reduced their fixed rate mortgages You can check all of these rates on our site. » read more
Banks offer range of top-up options
AIB Mortgage customers can apply for a top-up if additional funds are required for extending, renovating or refurbishing the house or if needed for educational or medical purposes up to 90% of the value of the property. » read more
Permaent TSB reduce fixed mortgage rates
In line with the view that the ECB will not be increasing their interest rate in the short term the Permanent TSB have cut the rates on their fixed rate mortgages. » read more
ECB hold interest rates at current level
At the ECB weekly meeting on Thursday 4/07-2002, interest rates were left unchanged and fears of increases in the short term recide as the Euro continues to strenthen and stock markets are uncertain. » read more
First Active reduce discounted variable rate
In a very compeditive mortgage market,First Active have reduced their 6 month discounted variable rate to 3.59% They now offer one of the best discounted rates currently on offer. » read more