Brendan Burgess
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Extracted from this thread: Irish mortgage rates are almost 2% higher than the Eurozone average!
There is no reason why a German or French bank would lend to its customers at 2. 64% when they could be making far more profits lending to Irish customers at 4.5%. They presumably believe the Central Bank figures that the additional rate in Ireland is only 0.5% so it's not worth bothering about.
There is no reason why a German or French bank would lend to its customers at 2. 64% when they could be making far more profits lending to Irish customers at 4.5%. They presumably believe the Central Bank figures that the additional rate in Ireland is only 0.5% so it's not worth bothering about.