Tag Archives: MoneyCoach.ie

Permanent TSB are one of three banks charging their variable rate customers significantly more than the ECB rate

Three 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 significantly more than the European Central Bank rate of 1%. The variable rates charged by Permanent TSB are more than 4% above the ECB [...]

Read More >
Banks are being encouraged to consider the US-style mortgages

Banks encouraged to introduce mortgages with limits on rates that can be charged

A leading mortgage expert is encouraging banks to follow a US example and introduce mortgages where there is a limit on the interest rate they can charge. In an interview with The Irish Independent, Frank Conway of MoneyCoach.ie said such a rate cap was common in America and would give some certainty to new borrowers. [...]

Read More >