Standard and Poor's see no signs of property bubble emerging in Ireland
Global ratings agency Standard and Poor's has said that Irish house prices will recover and saw no sign of property bubble emerging. It has forecast…
rating’s agency
Irish property market tipped to stabilise next year
The Irish property market will continue to stabilise next year before picking up slightly in 2015, according to ratings agency Standard and Poors. In…
Rise in repossession predicted in Ireland by ratings agency Fitch
Fitch Ratings expects the number of repossessions to rise in Ireland following the enactment of the Land and Conveyancing Law Reform Act. However, it adds that…
Irish banks urged to set aside more money to cover bad loans
Credit ratings agency Moody’s have warned that Irish banks will need to set aside much more money to cover potentially bad loans. The same warning…
Property prices may fall further, insist Fitch
Fitch Ratings insist that property prices here may fall by an additional 20%. Since 2007, the average house price in Ireland has fallen by around…
Mortgage defaults on the rise
The number of Irish mortgages in default continues to rise, according to the latest analysis of statistics by ratings agency Moody’s. The performance of the…
Moody's expect debt forgiveness for unsustainable mortgages
International ratings agency Moody’s expects debt forgiveness to become the normal way to deal with unsustainable mortgage debt in Ireland. In a note issued yesterday,…
Central Bank expects 'upward trend' in mortgage arrears
The Central Bank has warned that it expects an “upward trend” on mortgage arrears. The warning came from the bank’s head of consumer protection, who…