Category Archives: Economics

Sunday Independent: Personal debt crisis will be country’s next body blow

We were delighted to get mentioned in the Sunday Independent, a paper that has over 1,000,000 readers. The piece was by Daniel McConnell and was titled ‘Personal debt crisis will be country’s next body blow’.

News of the World – Advisors.ie writing on Mortgages

We were covering mortgages in this weeks Irish edition of News of the World, looking at the affects of changes in taxation and other aspects that could make the cost of a house rise even though the price may fall.

The Eleventh Hour, RTE 2, 9th February 2011

We were delighted to take part in The Eleventh Hour on RTE 2, a new current affairs programme that also has some refreshing comedy thrown in!

Irish Property Council, guest speaker will be Karl Deeter

The IPC meeting will also be addressed by bank representatives who will talk members through “debt restructuring, writedowns and deals on debt”.
Karl Deeter of the Irish Mortgage Brokers will discuss the economy and the US experience of debt restructuring, while Ross Maguire, senior counsel and co-founder of the New Beginning group, will discuss “family home protection”.
Solicitors will also be on hand to provide advice on insolvency for members who “cannot trade any longer”, Mr Savage added.

The meeting takes place tonight at the Red Cow Hotel, Dublin, at 7.30pm.

What is the new economic reality? Davos 2011

Davos Annual Meeting 2011, panel discussion

Banks to abolish fixed-rate mortgages in bid to cut costs

“Banks and building societies are planning to abolish fixed-rate mortgages because they are too expensive for lenders to provide, according to a leading mortgage expert. Banks would prefer to have borrowers on products with variable rates, which can be increased whenever lenders want, according to Karl Deeter of Irish Mortgage Brokers — who correctly predicted last year’s rises in variable rates.

In Greenspan we trust.

Alan Greenspan speaking to the Wall Street Journal about the US economy and how he believes that the recession is well and truly behind us.

Mortgage Market Outlook for 2011

Irish Mortgage Brokers (a sister company to Advisors.ie) has brought out their annual Mortgage Market Trend Outlook for 2011, a report that considers the likely trends of the Irish mortgage market in the coming year.

How is money created?