According to statistics released this week by the Central Bank, both personal loans and home loans have fallen year on year in February.
Central Statistics Office Release First Household Finance and Consumption Survey
Debt LoansThis January the Central Statistics Office (CSO) has for the first time released the results of the Household Finance and Consumption Survey.
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.
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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5 Percent Decrease In Household Bank Deposits
BankingAccording to recent data by the Central Bank, a combined €86.5 billion for bank deposits has been collected by Irish households.
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Bank of Ireland offers to buy back €1 billion in mortgage securities
MortgagesAs reported in The Independent, The Bank of Ireland has proposed to buy back €1 billion in mortgage securities from investors.
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2011 Ireland’s Mortgage Sector Anticipated To Be Worst Since 1971
MortgagesAccording to the IBF/PwC Mortgage Market Profile, which was recently published, more than 3,600 mortgages with a total value of €623 million were given out in the third quarter of 2011. The results for this year are expected to be the lowest since 1971.
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NAMA mortgage loans
NewsThe Chairman of NAMA Frank Daly has stated that NAMA may in the future provide mortgage finance to Irish home-owners.
Household Lending Falls in November
NewsLending to households and businesses fell in November as deposits continue to leave Irish banks according to the figures released recently by the Central Bank.