Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

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

Banking Issues: Discussion

Photo of Michael McNamaraMichael McNamara (Clare, Independent) | Oireachtas source

The bank charges various variable rates. When people come off a fixed rate they go onto a variable rate, which changes in accordance with loan-to-value ratios. How does the bank calculate the loan-to-value rates?

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