Irish Financial Review

Category: Banking

Mortgage arrears continue to fall

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 total of 70,488 accounts (10 per cent) were in arrears…

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Foreign banks abandon Irish savers and borrowers

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, savers and borrowers in Ireland have experienced a major contraction…

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Should mortgage rates be far higher in Ireland?

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 in Ireland suggested something might be wrong. A central tenant…

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