199 Deputy Eamon Gilmore asked the Minister for Finance if his attention has been drawn to the fact that a number of financial institutions (details supplied) recently increased mortgage interest rates for all first time buyers by 0.4% in the immediate aftermath of the decision of the European Central Bank to cut rates; his views on whether such an increase is appropriate, particularly in view of the level of financial supports provided by the State to financial institutions; and if he will make a statement on the matter. [11669/09]

Summary

199 Deputy Eamon Gilmore asked the Minister for Finance if his attention has been drawn to the fact that a number of financial institutions (details supplied) recently increased mortgage interest rates for all first time buyers by 0.4% in the immediate aftermath of the decision of the European Central Bank to cut rates; his views on whether such an increase is appropriate, particularly in view of the level of financial supports provided by the State to financial institutions; and if he will make a statement on the matter. [11669/09]

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• Financial Institutions Support Scheme.

  xml · EN · 24 March 2009

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