We were asked to speak to TV3 news about the ECB rate cut yesterday which was rather unexpected. We are now at a point where for some tracker mortgages their interest rate is effectively only made up of the fixed margin over ECB base rate.
TV3 News with Sinead O’Donnell on the surprise ECB rate cut
We were asked about the likelihood of banks passing on yesterdays rate cut to standard variable rate mortgage holders, we don’t think they will.
Allsops Auctions are back – This March
We spoke to Brian O’Donovan from TV3 News about the upcoming Allsop/Space auction in March. One property is listed at €7,500. Even if you priced the land at zero or used construction costs this property is undervalued because the actual materials that go into building it would cost more to purchase.
Obviously the idea of ‘value’ isn’t just about materials, it’s also about utility and for that reason the materials assembled (construction) in a certain location may make them somewhat worthless, but it is an interesting development to note.
Tv3 News, Stephen Murphy on Regulators and pricing, 4th November 2011
In this piece by Stephen Murphy of TV3 we spoke about the issue of Regulators enforcing pricing and the fact that it is not a common practice.
TV3 News, ECB Rate Cut covered by Claire Brock
This piece by Claire Brock of TV3 was about Mario Draghi’s unexpected rate cut of 0.25% last Thursday.
The debate about whether or not it will be passed on still rages. We spoke about that particular issue the following day on both LMFM and Newstalk.
TV3 coverage: Tracker mortgage story by Brian O’Donovan
Brian O’Donovan of TV3 covered this story, which relates to a press release by the Financial Regulator.
TV3 News featuring Irish Mortgage Brokers
We were really pleased to be featured on TV3’s news with Brian Daly on how AIB rate changes would affect consumers, the clip above was aired on the 30th of March 2010