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Rockcourt Financial Services Ltd
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AIB is cutting both its deposit and mortgage interest rates, following recent rate cuts by the European Central Bank. The bank is lowering interest on its one-year and two-year Fixed Term Deposit accounts by 0.25% and 0.5%. On the mortgage side, AIB is cutting its two-year fixed rate by 0.75% and other fixed rates by 0.5%. These changes will apply to new and existing AIB, EBS, and Haven customers.![]()
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AIB says the move will help people coming off older low-rate deals and those with homes that don’t meet higher energy efficiency standards. For example, a €300,000 two-year fixed mortgage will now cost €1,557 a month, saving nearly €125. The bank says it is responding to the lower interest rate environment and wants to offer better value to its customers.![]()
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086 0445509📱 094 9638533☎ office@rockcourt.ie📧
Happy May Bank holiday weekend from all of us at Rockcourt Financial services. We hope you have an enjoyable long weekend!🎉![]()
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086 0445509📱 094 9638533☎ office@rockcourt.ie📧
The Irish government is passing the Finance (Provision of Access to Cash Infrastructure) Bill (2024) to ensure continued access to cash, despite the growth of electronic payments. Cash remains important due to vulnerabilities like power outages, cyberattacks, and global instability that can disrupt digital payments. Recent events, like storms and IT outages, have highlighted these risks, while growing concerns over online fraud and privacy issues have led to increased support for cash. Other countries, like Sweden and Norway, are taking similar steps to safeguard cash access.![]()
In Ireland, the new law will ensure businesses and government services continue to accept cash, promoting financial inclusion and ensuring a reliable payment method during crises.![]()
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Contact Rockcourt Financial Services with all your financial questions and queries. ![]()
086 0445509📱 094 9638533☎ office@rockcourt.ie📧
Happy Easter from all of us at Rockcourt Financial Services! We hope you have a safe and enjoyable long weekend. 🐣🎉![]()
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☎086 0445509 📱094 9638533 📧office@rockcourt.ie
New data from the Central Bank reveals that mortgage rates in Ireland have dropped to 3.79%, which is a 0.5% decrease from last year. However, Irish homebuyers are still paying more than those in other euro zone countries where the average rate is 3.33%, making Ireland the fifth most expensive place for mortgages in the euro zone. This decrease in rates comes after a series of cuts by the European Central Bank as inflation has started to ease. On the other side, savers are seeing lower returns. Term deposit rates are down to 2.33%, which is 0.26% lower than last year, while overnight deposit rates are still at a very low 0.13%. The average rate for consumer loans was 7.29% in February which is a slight increase from the month before, but still lower than last year.![]()
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Contact Rockcourt Financial Services with all your financial questions and queries. ![]()
086 0445509📱 094 9638533☎ office@rockcourt.ie📧