Page 12 - Standard Variable Rate News Today

Business Journalist Upward pressure on interest rates and banking fees in the medium term will be likely impact of Ulster Banks decision to withdraw from the Irish market. The withdrawal of the third biggest lender from the market will reduce competition, particularly in the SME sector where Bank of Ireland and AIB are the main alternative credit providers. Price comparison website bonkers.ie described the move as a body blow for consumers and competition, adding that the withdrawal was the las...

Country: Australia Source: Roy Morgan Single Source (Australia), average interviews per 3 month period April 2007 – November 2020, n=2,673. Base: Australians 14+ with owner occupied home loan. New research from Roy Morgan shows an estimated 783,000 mortgage holders (20.0%) were at risk of ‘mortgage stress’ in the three months to November 2020. This period encompassed the end of Victoria’s long second lockdown but th...

Advice column: How to put your mortgage in order this year This month, Kevin McCarthy talks about getting your mortgage in shape for 2021 Kevin McCarthy Join thousands of others in getting the stories that matter to you sent straight to your inbox.Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribin...

| UPDATED: 22:20, Wed, Jan 13, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Mortgage payments are likely to be substantial as Brito...

“The motivation to remortgage can clearly be seen based on the rate differential between the average two-year fixed rate at 2.49 percent and average SVR at 4.41 percent. "Within the first two years the amount that can be saved on repayments between the average SVR and two-year fixed average rate is over £3,600 – which is based on a £150,000 mortgage over a 25-year term on a repayment basis. "Borrowers about come off a five-year fixed rate mortgage may also wish to find a new deal, as fall...