Mortgage lending rules set by the Central Bank remain unchanged
By Frank Conway An Post is reported to be a conduit for a potential mortgage underwriter. Whether or not mortgages costing 1% or less than existing lenders actually launch here … Continue reading An Post mortgages – a business model that requires a lot of scrutiny!
The total number of mortgage accounts for principal dwelling houses (PDHs) in arrears fell further in the fourth quarter of 2017; this marks the eighteenth consecutive quarter of decline. A … Continue reading Mortgage arrears continue to fall
Foreign banks say no thanks to Irish savers and borrowers With today’s announcement that RaboBank is about to exit its online savings offers, it means over the last few years, … Continue reading Foreign banks abandon Irish savers and borrowers
Mortgage lending unsecured in all but name – interest rates no longer reflect risk! Over the course of the last few years, a debate surrounding the cost of mortgages here … Continue reading Should mortgage rates be far higher in Ireland?
Borrowers need to start planning for higher costs Who would have thought that the world would be suspended in such surreal surroundings for a decade. 10 years, hundreds of millions … Continue reading End of the beginning for record-low interest rates
Over the course of the last few years, Irish banks and credit card companies have been busy issuing new high-tech credit and debit cards. A new feature of these cards … Continue reading A closer look at contactless card security
In 1930’s America, the financial system was so devastated by the 1929 stock market crash, banks were largely still out action a decade later. The Great Depression wreaked havoc on … Continue reading How the State can take a role in mortgages & housing
New figures from the Central Statistics Office show that residential property prices in the Dublin market have decreased by 0.1% in February of this year. However, on an annual basis, … Continue reading Mortgage lending rules put brakes on house prices in Dublin
In 2015, 24,134 mortgages drawn down; in 1979, the number was higher. The 2015 figure includes first time buyers, second time buyers and those buying an investment property but it … Continue reading State must create ‘shared fairness’ in dysfunctional mortgage market
In a recent survey undertaken and published by Facebook, it found that millennials felt they had no one to turn to for financial guidance. Across the globe, financial service … Continue reading We must create hope for future generations
By Frank Conway Market disruptions across a vast variety of services have pitted established players against nimble upstarts. Uber, the taxi / ride sharing service is probably one of … Continue reading Why FinTech will still need a human touch