Conor Pope of the Irish Times speaks to Karl Deeter on the topic of ECB interest rate increases and how it will affect home owners. The podcast was part of the regular weekly business series available on the Irish Times website
“It is probably going to be the first of several moves but how close those moves come together and how aggressive those moves are is something that remains to be seen,” said financial analyst and mortgage adviser Karl Deeter.
Conor Pope wrote in the Irish Times: “It is probably going to be the first of several moves but how close those moves come together and how aggressive those moves are is something that remains to be seen,” says financial analyst and mortgage adviser Karl Deeter. “Unfortunately there is only a lower limit on interest, there is no upward limit and in theory rates can go as high as they want to. If you look at our total number of mortgages and the number that are in distress versus where we probably should be, it is clear that thus far the low rates have has actually served us well and saved the country from having a much larger problem,” Deeter says.
Also filed in Advisors.ie In the Press, Banking, Economics, Mortgages
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Tagged brokers, conor pope, deposit rates, ecb rate hike, ecb rates, finance, irish times, karl deeter, mortgage, mortgages, tracker mortgages
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We were pleased to appear once more on The Morning Show with Sybil & Martin for their monthly property slot. Angela Keegan from MyHome.ie headed up the piece and we commented on general finance in the property market.
Also filed in Advisors.ie In the Press, Financial Advice, Mortgages
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Tagged advisors dublin, allsop auction, angela keegan, david cantwell, financial advisors, irish property, karl deeter, phoenix park racecourse, property market, sybil and martin, the morning show
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This video is Fred Harrison doing what he does best, talking about the Henry George concept of rent seeking via land values and the need to tax same.
Georgism is a largely overlooked thesis unfortunately, but this is an opportunity to see one of its proponents putting forward a compelling case.
Half Rule sample letter… Under Section 63 of the Consumer Credit Act 1995, I wish to exercise my right to terminate the above agreement under the ‘half rule’.
Please acknowledge receipt of this letter and forward details of what must be done to proceed and , I would ask that you do so in writing or by email.
Also filed in Accountant, Advisors.ie In the Press, Financial Advice, News of the World
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Tagged car finance, car loans, consumer finance, half rule, handing back keys, interest rates, money expert, section 63 of the consumer credit act
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I asked Karl Deeter, operations manager with Irish Mortgage Brokers, what he thought of the IPC’s idea and he said: “It’s about time somebody called out the State on this bullshit. So far they’ve made every pathetic attempt possible to evade responsibility [for the financial crisis].
Figures compiled by Karl Deeter at Irish Mortgage Brokers showed that the size of the average first-time buyer mortgage peaked in the first quarter of 2008, at €251,000.
Also filed in Advisors.ie In the Press, Economics, Financial Advice, Mortgages, Property tax, tax relief at source, Taxation
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Tagged accountants dublinn, advisors dublin, dublin 2 accountancy, end of trs, financial advice, tax relief at source, tax relief mortgages, trs, trs1 form
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IRELAND is in payback mode at the moment. As a country we’re experiencing “deleveraging”, which means that many people are using most of their money to pay back excessive borrowing. However, that practice only puts cash into the banking system and not the real economy.
Also filed in Advisors.ie In the Press, Financial Advice, News of the World
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Tagged accountancy dublin, accountants, advisors.ie, apply for a mortgage online, brokers in dublin, dublin accountants, irish mortgage broker dublin, irish mortgage brokers, karl deeter, karl deeter irish mortgage brokers, money saving expert, mortgage applications online, mortgage brokers, mortgage brokers dublin, news of the world, notw
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Wednesday, March 16, 2011
Yesterday, mortgage experts said BoI was set to hike its fixed rates in days. “Bank of Ireland will follow this with similar increases,” Karl Deeter, of Irish Mortgage Brokers, said. And Mr Deeter criticised the fact that homeowners did not receive any warning about AIB’s move to push up its rates.
