338 Deputy Paul Kehoe asked the Minister for Finance if, during the period 1992/1993 when mortgage interest rates were increasing rapidly, pressure was put on financial institutions to enter into an agreement to maintain interest rates and increase the length of the mortgage instead; if so, if there is a copy of such an agreement in place; his views on whether this was an appropriate course of action; if his attention has been drawn to the fact that banks, when questioned by customers as to the reason their mortgages have not reached full-term, are then informing of same; and if he will make a statement on the matter. [33812/09]

Summary

338 Deputy Paul Kehoe asked the Minister for Finance if, during the period 1992/1993 when mortgage interest rates were increasing rapidly, pressure was put on financial institutions to enter into an agreement to maintain interest rates and increase the length of the mortgage instead; if so, if there is a copy of such an agreement in place; his views on whether this was an appropriate course of action; if his attention has been drawn to the fact that banks, when questioned by customers as to the reason their mortgages have not reached full-term, are then informing of same; and if he will make a statement on the matter. [33812/09]

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• Financial Services Regulation.

  xml · EN · 6 October 2009

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