Europe’s mortgage rates could be on path to hit a historic low, as the region does what it can to save the Euro during the Euro debt crisis.
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Ireland’s loan costs start climbing again
EconomyAs reported in the Irish Times, Ireland loan costs are rising again due to the further deepening of the Eurozone debt crisis.
Fears of credit union interest rate increase
Loan Rates NewsBorrowers may be forced to pay higher loan interest rates, as reported by The Independent.
Arrears from loans and falling profits may force credit unions to recuperate their loses with increased rates.
Finance Minister: EU and IMF loan profits “excessive”
EconomyIt was reported today that the EU and IMF stand to gain as much as €9billion in profit over the course of the €67.5billion bailout loan.