Oireachtas Joint and Select Committees

Tuesday, 16 January 2018

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

Tracker Mortgages: Discussion

2:00 pm

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

If it is that amount or even higher, what it says to me that is that this is the variance between the ECB rates and what is being charged here. With regard to the extortionate rates people are charged for mortgages here compared with those in Germany, which has far lower percentage rates, is there anything the Minister can do to address that or are we at the mercy of the banks in terms of the rates they set?

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