Well BoI changed these rates today. Here are the new ones.
Homeloan Fixed and Variable Rates for new customers
Product APR Annuity
Homeloan Variable 5.4%
Tracker Less Than E250k & LTV <92>92% 1-Yr Disc. ECB +0.65% Rolls to ECB + 1.15% 5.2%
Tracker >€250k & E500k ECB +0.75% for the Term 4.8%
Tracker LTV < 50% ECB + 0.75% for the Term 4.8%
1 Year Fixed rolling to ECB + 1.25% 5.3%
2 Year Fixed rolling to ECB + 1.25% 5.3%
3 Year Fixed rolling to ECB + 1.25% 5.4%
4 Year Fixed rolling to ECB + 1.25% 5.4%
5 Year Fixed rolling to ECB + 1.25% 5.5%
10 Year Fixed rolling to ECB + 1.25% 5.9%
None have dropped while the 2 year fixed option and the spread over base after the fix runs out have all risen.
Of interest too is the under €250k tracker which has risen from 5.2% to 5.3%
You’re correct, but there’s (or should be) a limit to spin. Not to put the latest comments would make us just “spinners” in the other direction.
However, if Austin and Dan are wrong again, that’ll make it even more flagrant.
If they’re “rightish”, then we can just turn around the phrase used against the pinsters, that “a stopped clock is right twice a day”, that if they keep saying rates will go down, eventually they’ll be right!