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Thursday, October 9, 2008. ECB Have Dropped Rates at Last! Finally there is some good news on the Housing Market with interest rates being dropped! Homeowners who have tracker mortgages, which are set at an agreed rate above the prevailing ECB base rate, will get the benefit of the reduction. However, those on variable rates will be at the mercy of the banks. It will mean that someone with a 300,000 tracker mortgage will enjoy a fall of 120 a month in repayments. Posted by Mortgage House 429 PM. This .

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. Mortgage House, Dublin Mortgages, Bad Credit Mortgages

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Thursday, October 9, 2008. ECB Have Dropped Rates at Last! Finally there is some good news on the Housing Market with interest rates being dropped! Homeowners who have tracker mortgages, which are set at an agreed rate above the prevailing ECB base rate, will get the benefit of the reduction. However, those on variable rates will be at the mercy of the banks. It will mean that someone with a 300,000 tracker mortgage will enjoy a fall of 120 a month in repayments. Posted by Mortgage House 429 PM. This .

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This web page mortgagehouseireland.blogspot.com states the following, "Thursday, October 9, 2008." We saw that the webpage said " ECB Have Dropped Rates at Last! Finally there is some good news on the Housing Market with interest rates being dropped! Homeowners who have tracker mortgages, which are set at an agreed rate above the prevailing ECB base rate, will get the benefit of the reduction." It also said " However, those on variable rates will be at the mercy of the banks. It will mean that someone with a 300,000 tracker mortgage will enjoy a fall of 120 a month in repayments. Posted by Mortgage House 429 PM."

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