The coalition has now moved to increase mortgage repayments for those with house loans with the government controlled banks. These include
EBS increase in variable rate by 0.6% from Apr 1st
INBS to increase variable rate by 0.65%
AIB to increase fixed rate by 1%
So helping those with repayment difficulties was just another lie. Guess they need the money for the bondholders.
Ironic thing is they may miscalculate. Increasing repayments for those already in trouble may lead to increase in defaults
EBS increase in variable rate by 0.6% from Apr 1st
INBS to increase variable rate by 0.65%
AIB to increase fixed rate by 1%
So helping those with repayment difficulties was just another lie. Guess they need the money for the bondholders.
Ironic thing is they may miscalculate. Increasing repayments for those already in trouble may lead to increase in defaults