149. Deputy Tom Fleming asked the Minister for Finance the reason the banks are allowed to continue to increase their variable mortgage rates at the same time as the European Central Bank reduces its own rates; if he will intervene on behalf of tax payers who bailed out the banks and on behalf of hard pressed households, many of whom are now finding it increasingly difficult to pay their mortgages; and if he will make a statement on the matter. [45934/12]

Summary

149. Deputy Tom Fleming asked the Minister for Finance the reason the banks are allowed to continue to increase their variable mortgage rates at the same time as the European Central Bank reduces its own rates; if he will intervene on behalf of tax payers who bailed out the banks and on behalf of hard pressed households, many of whom are now finding it increasingly difficult to pay their mortgages; and if he will make a statement on the matter. [45934/12]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Mortgage Interest Rates

  xml · EN · 23 October 2012

  ViewDownloadOpen at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.