Industry lobby group Property Industry Ireland (PII) released a report recently which showed that at the end of September 2015, first-time buyers in Ireland typically had a mortgage of around €172,000.
Irish Homeowners Missing Out On Big Mortgage Savings
MortgagesRecent figures released regarding the state of the Irish mortgage market have revealed that many homeowners are missing out on the opportunity to make big savings on their monthly mortgage payment, partly because they are reluctant to switch to a new provider and partly due to problems within the mortgage industry itself.
Central Bank: Personal Loans Fall in February
Loans MortgagesAccording to statistics released this week by the Central Bank, both personal loans and home loans have fallen year on year in February.
New Mortgage Loan Regulations, 90% Mortgages for First Time Buyers
MortgagesToday the Central Bank announced new regulations in the Irish residential mortgage market.
Central Bank: Demand for Mortgage Loans on the Increase
MortgagesThe Irish Central Bank’s quarterly Bank Lending Survey has shown an increase in demand for home loans in Ireland.
Third of Local Authority Home Loans in Arrears
Mortgages
New statistics have revealed that one third of Irish local authority home loans are in arrears, with one in four households behind by six months or more.
AIB Approving 7 out of 10 Mortgage Applications
MortgagesAIB has announced they are currently approving 7 in 10 new mortgage loan applications.
Banks To Offer Help With Mortgage Debt
MortgagesFollowing intense pressure from both The Central Bank and the Government, the banking sector in Ireland is finally putting strategies in place to deal with the thousands of customers who are in severe difficulties with their mortgage repayments.
Council Bosses Alarmed as Borrowers Abandon Homes
MortgagesFigures this week show Dublin householders are leaving council properties in droves. With more and more borrowers struggling to meet council mortgages and choosing instead to make interest-only repayments, 41 more householders are handing back their keys to the Council.
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ECB Mortgage Rate Saving? Overpay Your Mortgage
MortgagesHolders of tracker mortgages were advised to consider overpaying their mortgages after the European Central Bank lowered it’s key interest rate on Thursday. The reduction could see an extra €15 per month in the pockets of mortgage holders for every €100,000 outstanding on their mortgages.
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