Good value now, but change could be coming

With European Central Bank (ECB) rates at all time lows, there is good value to be had in the mortgage market.

12th September, 2009

With European Central Bank (ECB) rates at all time lows, there is good value to be had in the mortgage market.

This is dominated at present by the main banks, with both AIB and Bank of Ireland offering competitive fixed rates for first-time buyers. Following closely behind is EBS, but thereafter a significant gap exists to the rates on offer by other players.

While borrowers can secure a mortgage with interest rates of as little...

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