In this piece Noleen Blackwell from FLAC and Karl spoke to Mark and Sinead about mortgage arrears and figures that were due out from the Central Bank. This was our first time to go on Ireland AM and as always everybody was lovely but not afraid to offer challenging debate on the topic.
Filed in Accountancy, Banking, Economics, Mortgages
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Also tagged banking, capital provisions, financial advice, ireland am, karl deeter, mark cagney, mortgages, noleen blackwell, sindead desmond, strategic default, technical finance
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Thursday, October 27, 2011
We were mentioned recently in the Irish Times by Frances O’Rourke in a piece about first time buyers. Mortgage broker Karl Deeter is just as certain of the trend towards houses: “The overwhelming majority of our clients, over 90 per cent, are not looking to buy apartments.” He doesn’t think people are – or should – make a decision to buy on the basis that their mortgage repayments would be similar to their rents. Many people will stretch a little to pay the mortgage on a house they plan to live in forever “or at least the foreseeable future”. (He also reminds would-be buyers that mortgages taken out next year will get a reduced rate of mortgage interest tax relief before it disappears after 2012.
Filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages, Property, tax relief at source, Taxation
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Also tagged frances o'rourke, irish times, karl deeter, mortgages, property, trs
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Monday, September 26, 2011
We were delighted to be this weeks ‘Insider’ at the Sunday Business Post, we looked at the mortgage market statistics and the idea of recovery without austerity.
The truth is a hard thing to suppress. Last week, we had another stark revelation about the mortgage market after RTE reported that there are now e20 billion in home loans with some level of arrears. That represents about one in six loan accounts.
Filed in ACCA, Accountancy, Accountant, Advisors.ie In the Press, Banking, Economics, Wealth
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Also tagged economics, marshall auerback, mmt, modern monetary theory, recovery without austerity
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Once a month we get to talk to Sybil Mulcahy & Marting King on their ‘Propertywatch’ piece. This month we were looking at auctions and ECB rate increases as well as general finance.
Filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages
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Also tagged auctions, base rate, carol talon, ecb rate hikes, karl deeter, martin king, mortgages, sybil mulcahy, the morning show, tv3
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We had an opinion piece in the Sunday Business post this week on mortgages, the full version is in this posting, or you can get it on the Sunday Business Post website in the ‘news’ section.
Filed in Accountancy, Advisors.ie In the Press, Economics, Financial Advice, Mortgages, Property tax, tax relief at source, Taxation
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Also tagged borrowing, financial advice, investment property, irish property market, mortgage market, mortgages, nama, sbpost, sunday business post, tax relief at source, trs
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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.
Filed in Accountancy, Advisors.ie In the Press, Banking, Economics, Mortgages
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Also tagged brokers, conor pope, deposit rates, ecb rate hike, ecb rates, irish times, karl deeter, mortgage, mortgages, tracker mortgages
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Tuesday, February 22, 2011
rish Mortgage Brokers director Karl Deeter said the bank was effectively now out of the fixed-rate market, as new customers could only get a fixed rate if they were borrowing less than half of the value of the home. He added that only a small number of existing borrowers would qualify for a fixed rate, but with the rates so high nobody would take them up.
Sunday, February 13, 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!
Filed in Accountancy, Advisors.ie In the Press, Economics
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Also tagged daire o'brien, economics, general election, ivan yates, karl deeter, keelin shanley, liam toalin, rte2, the eleventh hour
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Thursday, February 3, 2011
We were delighted to feature on TV3’s ‘Morning Show with Sybil and Martin’ in their monthly property slot alongside Angela Keegan of MyHome.ie
Karl Deeter discussed the financial aspects of the Irish property market while Angela covered property prices in general.
Filed in Accountancy, Advisors.ie In the Press, Financial Advice, Mortgages, Taxation
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Also tagged angela keegan, changes to TRS, irish mortgage market, karl deeter, mortgage prices, property prices, sybil and martin, tax relief at source, tv3 morning show
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