According to a new report from the Bank of Ireland the amount of home improvement loans issued in Ireland have surged.
Variable Rate Homeowners Could See Relief From High PaymentsMortgages
According to a report in the Independent, homeowners may be set to receive three further interest rate cuts besides the one already given.
Bank of Ireland offers to buy back €1 billion in mortgage securitiesMortgages
As reported in The Independent, The Bank of Ireland has proposed to buy back €1 billion in mortgage securities from investors.
NAMA Banks Take Legal Action On €6B LoansNews
Approximately €6 billion worth of loans were foreclosed on due to the action banks took against smaller property players and property syndicate members.
Bank of Ireland to increase loan ratesNews
The Bank of Ireland have signaled they may have to increase loan rates to improve the profitability of the business. Continue reading
Irish banks should have taken out insurance on mortgagesNews
Irish banks did not take out mortgage indemnity insurance to protect themselves against losses on their mortgages, which in turn increased the cost to taxpayers of rescuing them, reported Irish Independent.