Oireachtas Joint and Select Committees

Thursday, 20 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Discussion

10:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I understand that. Can the owner decide on the rate without any reference to how the intermediary might be bound by this legislation? Is that the position regardless of whether the rate is 5%, 7%, 10% or whatever? Can the owner of the loan decide on the rate to charge for the mortgage that has been purchased?

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