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They probably received some advice along the lines of the first post in this thread that led them not to consider fixing. I think there's still arguments on both sides, but many of the best fixed rates are gone at this point. If you can get a fixed rate for a few years at close to 2% then I...

Firstly, the Central Bank criteria are generalised across the industry. Banks themselves will have different risk appetites for a variety of reason (e.g. their existing back book of mortgages, and their derivative positions). It's completely reasonable for a bank to take a more conservative...

Dutch banks and Nordic banks tend to have quite low levels of customer deposits - people tend to deposit their savings in other instruments there rather than deposit accounts. As a result, banks there tend to fund themselves much more through bond issues (which are often quite cheap covered bonds).

Hi Paul, if you could take a look at this please it would be much appreciated. Current lender: BOI Outstanding mortgage balance (how much you still owe) €275k Approximate value of your property €400k The date you started your fixed-rate mortgage (month and year): November 2021 How many years...

Agreed, mostly a marketing ploy. Couple of other aspects that may influence it somewhat: Relatively lower bills now, with an even bigger gap in future Proxy for certain cohorts of customers Less likely there's a need for large spends on improving BER in future etc.

Are you driving one of these? I don't generally drive to the airport as I live close to Drumcondra. I'd generally get the bus and be arriving home roughly an hour after flight landing.

Or the main milk suppliers just increased their prices at the same, which the supermarkets passed on? Seems more likely.

Bitcoin is a lot of things, but it's not money. It doesn't fit most of the criteria to be money.

I think you also have to consider that this property has been burdensome for you for some time due to being in negative equity. Property prices are quite high at the moment, would you not kick yourself if you were to hold on to the place (for quite a limited return vs pension investment) and it...

Generally it depends on where the apartment is located. When I was buying an apartment a couple of years ago, Bank of Ireland basically said that Dublin post codes with single digits would need 10% deposits, everywhere else would be 20% I think. This probably differs between banks and I'm not...

How were they trailed exactly? A large part of the work of a consultant is done on-call or remotely. Unless RTÉ were hacking their phones or getting their call logs then I don't think they have a leg to stand on with their assertion. It's not really proof of anything.

Mass closures much better politically than 80 individual closing announcements. It's why essentially every company does it this way.

All very valid points. It the State feels that this group of people need physical banking services in place, they should provide it or pay for an institution to provide it as a PSO. There shouldn't be a reliance on a private bank to do this out of the goodness of their hearts (not saying you're...

All lending is already "computerised", nothing is changing here.

What would the strike be for?

Yep, there's both a security and financial cost associated with developing apps and products to run on no-longer supported smartphone OS. It's likely far cheaper for BOI to issue physical security keys to the small segment of their customer base that this affects. It's also probably the least...

In fairness to Krugman, he's won a nobel prize for his work in Economics, specifically in relation to Trade. He's among the living economists with most citations in economic textbooks and journals. He has more to him than simple solutions and is a completely different league to McWilliams. To...

When the Pound tanked in value after Brexit vote, the FTSE100 went up. Because it's full of international companies that do much of their business outside the market that the stock exchange is based in. It's not reasonable to suggest that a fall in the value of would necessarily cause a...

Whilst your financial position isn't amazing for your age, it's not particularly bad either. You are debt-free with no dependents and earning a decent (and safe) income. Your plan to buy a property in a few years makes sense, and saving 1k per month should be able to get you to a deposit within...

But they would also need your login and pin in this scenario. The app on the phone is useless without this.