Non-bank lenders are cleaning up a large chunk of mortgage swappers

Non-bank lenders are capturing the bulk of mortgage swaps as borrowers lock in interest rates to protect themselves from rate hikes, data from broker sources says.

Specialist lenders Avant and Finance Ireland have led the way in switching activity over the past few months, followed by traditional banks Permanent TSB and Bank of Ireland, according to the source, which summarizes data from several brokers.

https://www.independent.ie/business/irish/non-bank-lenders-mopping-up-big-share-of-mortgage-switchers-41945596.html Non-bank lenders are cleaning up a large chunk of mortgage swappers

Fry Electronics Team

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