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2% Mortgage rates under EU plan

seabhcan

PI Member
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Oct 30, 2015
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http://www.irishexaminer.com/ireland/mortgage-rates-may-be-halved-under-eu-loan-plan-362784.html

The EU plans to end the very idea of 'national banks', opening up the financial market to EU level players. This would, of course, wipe out the 'Irish' banks (or they would be bought) but it would massively benefit the Irish consumer and mortgage borrower. Rates would quickly drop to the EU average.

The best thing about this is, the next financial crisis will be the EU's problem. Little ol' Ireland wont have to 'take one for the team'.
 
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