Central Bank rates across the major economies are at extremely low levels, in many cases unprecedentedly so. In the US the Federal Reserve is maintaining the Fed funds rate in a corridor between zero and 0.25% while in the UK the Bank of England has cut the Bank rate to only 0.5%. Euro zone rates are higher, at 1%, but again the repo rate is also at an historic low according to Bank of Ireland’s July Bulletin.
Read More
Bank of Ireland, has reiterated it’s commitment to support First Time Buyers (FTB) looking to get on the property ladder, by introducing a market leading 2 year fixed rate of 2.65% (2.6% APR).
Read More
The past few months has seen a dramatic change in interest rate expectations, first in the US, then in the UK and belatedly, in the euro area, said Dr Dan McLaughlin, Group Chief Economist, Bank of Ireland in his Global Markets research bulletin.
Read More
Bank of Ireland is offering great rates to mortgage customers who switch their mortgage to the Bank.
Read More
Bank of Ireland’s Group Chief Economist, Dr. Dan McLaughlin has said he expects the first anticipated ECB rate cut to become the main focus for the financial markets over the coming weeks.
Read More
A new home insurance offer from Bank of Ireland Insurance Services’, offering half price insurance offer for new customers will end on the 30th September 2007.
Read More
The Irish housing market is experiencing a slow down, a predictable result of a rising interest rate cycle and record growth in supply a new report has said.
Read More
Bank of Ireland’s Chief Economist, Dr. Dan McLaughlin has said he expects the Bank of England to announce a quarter point increase in official sterling rates, taking the Bank rate there to 5.5%. He also expects that the ECB is likely to leave rates unchanged at the moment and will signal a move in June.
Read More
