asked the Minister for Local Government if he intends to apply fixed interest rates for building society mortgage holders.
Ceisteanna—Questions. Oral Answers. - Building Society Interest Rates.
35.
Determination of the interest rates payable by borrowers from building societies is a matter in the first instance for the societies but the Deputy will appreciate that in a time of fluctuating interest rates it is not possible for the societies to adopt a fixed mortgage rate which would be unrelated to the rates which they must offer to investors to enable them to attract and retain funds.