-Blue Sky Financial reports major interest and urges developers banks, NAMA and Government to get on board-
In an Irish housing market that we’ve come to describe as beleaguered, one of the country’s leading mortgage franchises, Blue Sky Financial reports today that over eight thousand potential buyers have signed up to its recently launched “Rent […]
Category Archives: Mortgage News
NEWS RELEASE: Appetite nationwide for “Rent to Buy” housing Scheme
August 6, 2010 – 1:25 pm
Switching Mortgages
March 3, 2010 – 11:20 am
From Circa November 2009 there was an appetite from some lenders for mortgage switching however AIB has just announced that it is exiting this sector. KBC and HAVEN remain open for business with the former willing to pay €1,000 towards the costs.Permanent tsb recently announced another 0.5% increase for all their variable rate mortgage customers […]
House Prices
January 19, 2009 – 12:58 pm
Official figures show that house prices have dropped by approximately 11% in 2008. However, it would appear that they will continue to fall in 2009 particularly in the First Time Buyer sector. There is a large number of completed new builds for which sales have been very slow over the last eighteen months and poorly located […]
Interest Rates
October 8, 2008 – 12:24 pm
Hopefully the news will be good in relation to mortgage repayments before Christmas as most financial pundits are forecasting a drop in the ECB rate in December of 0.5%. This would be a reduction of approximately €42 per month for a €250,000 loan over 35 years……..fingers crossed its just the start of it…………..
New Mortgage Lending Figures Released
November 27, 2007 – 4:09 pm
Today saw the release of some timely information relating to the residential mortgage market in Ireland. The figures were released by the Irish Banking Federation in conjunction with Price Waterhouse Coopers.
One of the more interesting pieces of data released shows that mortgage switches now make up 17.4% of new mortgage lending. This has […]
The GREEN Mortgage at BLUE Sky!
November 2, 2007 – 12:22 am
Confused? No need to be….
Permanent TSB has just launched what would seem like a brand new type of mortgage but it’s not really….
It’s a bit of a gimmick but as gimmicks go, it’s not a bad one. It is unlikely that you would avail of many of the offers (see below) but whatever […]
Irish Housing Market - latest ESRI/Permanent tsb Data
November 1, 2007 – 6:10 pm
The latest Permanent TSB/ESRI House Price Index was published today.
At a glance, the latest index would appear to paint a relatively positive picture of the market and radio commentators on Newstalk 106 and RTE Radio 1 pointed to the index being evidence of the longed-for ’soft landing’ in the housing market. Unfortunately the […]
Federal Reserve cuts interest rates - a good sign for Irish mortgage customers?
October 31, 2007 – 9:21 pm
Despite being widely predicted, today’s 0.25% interest rate cut by the U.S. Federal Reserve is a welcome relief to credit markets that have been affected badly by the recent credit crunch. This rate cut follows the 0.5% rate cut made in September and moves the federal funds rate to its lowest level since January […]
100% Mortgages – The beginning of the end?
October 22, 2007 – 3:47 pm
Several of the business sections of yesterday’s Sunday newspapers picked up on the recent decision by First Active and Ulster Bank (both part of the Royal Bank of Scotland Group) to tighten their lending criteria for 100% mortgages.
What’s happened?
Up to now, both of these banks would have lent 100% of the purchase price to any […]
Offset Mortgages - A valuable additional option or just a gimmick?
October 19, 2007 – 3:05 pm
First Active has been the main promoter of Offset mortgages in recent years and they have had quite a degree of success.
But what is an Offset Mortgage?
The simple explanation is that your mortgage account is in effect combined with your current account. Any credit balance on your current account is used to reduce […]
-
Search
-
RSS Feeds
