Banks move to ‘next phase’ of tracker review

Mortgages take centre stage in the Central Bank’s latest update

1st May, 2016
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The Central Bank: could it do more to protect mortgage customers? Picture: Feargal Ward

With profits topping €2 billion, and a generally upbeat tone on the economy’s progress – albeit with a few caveats, the latest missive from Dame Street was a broadly positive one.

Aside from the headline figures of its 2015 annual report, the Central Bank also gave an update on a variety of initiatives that affect consumers. Mortgages were centre stage and the bank’s governor Philip Lane fielded questions on lending rules, mortgage rates,...

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