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Historic Low Tracker Mortgage Rates for the Rest of Decade acc Irish Examiner

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  • 19-06-2015 8:07pm
    #1
    ronan45
    Registered Users Posts: 1,584 ✭✭✭


    Anyone any thoughts on where the trackers are to go now....So we cant go any lower... Where too now... Are we really looking at 2020 before interest rate rises.... It seems so looking at recent bank activity ... Offering Fixed rates lower then standard variable rate...surely unprecedented...

    What is clear, though, is that interest rates in the eurozone are likely to stay at virtually zero for a prolonged period. Looking at futures contracts, the market is not discounting any rate increase until late 2017 and rates are not seen rising to 1% until 2020

    Ten-year German government bond yields have fallen below 1%. Irish 10-year bond yields are down to 1.7% and seem likely to fall further. The markets certainly believe that low ECB rates will last for the rest of the decade.

    http://www.irishexaminer.com/business/features/low-ecb-rates-set-to-last-for-rest-of-decade-285474.html


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    #2
    CantGetNoSleep
    Registered Users Posts: 7,251 ✭✭✭CantGetNoSleep


    I was offered 20 year fixed at 2.45% from a Belgian bank in February - friends had gotten as little as 1.75%, although I went back last week and seemed to go up to 3.65%


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