First time buyers less likely to default
Research from the Central Bank shows that first time buyers have lower default rates than other participants in the housing market. A recent economic letter from the…
credit
Bank lending to households falls by 4.3%
Bank lending to households declined by 4.3% in the year to August, new Central Bank figures show. Mortgage lending was down 2.3% on an annual…
Number of new mortgages issued up 56%
The latest figures from the IBF/PwC Mortgage Market Profile, published today, show that the number of new mortgages issued in Q2 2013 has increased by…
Banks turning down one in five loan applications
A new survey shows that while demand for credit among smaller and medium-sized businesses remains low, almost one in five loan applications is still being…
Households continue to pay down debt and save more
Irish households are continuing to pay down their debts to the banks and are saving marginally more, new figures show. The total credit to…
Are we taking one step forward and two steps back?
We all require credit at some stage of our lives. Whether it’s to buy that car you need to get to work, to take that…
Doyle Geraghty & Co to host free first time buyer workshops
According to all latest reports, there has rarely been a more affordable time for first time buyers to purchase a property. In addition it would…
What to do after being rejected from your mortgage application?
Article contributed by Brentt Taylor About 30 percent of mortgage applications are rejected, with thousands of hopefuls being denied in any given year. Some…
Eight out of 10 people refused mortgages, insists PIBA survey
A new survey has claimed that as many as eight out of 10 people looking for a mortgage are turned away by banks. The survey…
Major banks respond to Central Bank report on low level of lending to SMEs
Both AIB and Bank of Ireland have responded to yesterday's report from the Central Bank showing Ireland second only to Greece in terms of rejections…
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