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Last week, the lender announced a series of rate increases for variable and fixed rates.

Finance Ireland extends drawdown period for applicants

Non-bank lender Finance Ireland has said it will apply a one-month notice period during which applicants with loan offers for a mortgage can drawdown their loans at lower rates.

Business • 10 Oct 22

The Association of Irish Mortgage Advisor said applicants are unable to meet the tight deadlines being set by lenders before the higher rate kicks in.

Call for mortgage lenders to agree 8 week notice period

The body representing mortgage brokers has called on lenders to give approved borrowers eight weeks to proceed to drawdown at their agreed rate.

Business • 07 Oct 22

A total of 5,255 mortgages were approved last month.

Mortgage approvals drop, switching activity rises

The number of mortgages approved in July fell by almost 12% when compared to the previous month, according to new figures from Banking and Payments Federation Ireland.

Business • 26 Aug 22

As a result, single first-time buyers and home movers have reduced their expectations for the amount they will spend on a home

House hunters have less spending power - daftmortgages

House hunters have €27,000 less spending power than a year ago, according to daftmortgages.ie.

Business • 26 Jul 22

Average drawdown reached record levels in the first time buyers new and mover existing segments in 2021

Home buyers need much higher incomes than a decade ago

New mortgage customers now need significantly higher incomes to buy a home, compared to the property price peak over a decade ago, a new analysis from the Banking and Payments Federation has found.

Business • 24 May 22

The euro area average stood at 1.46% in March

Upward pressure sees mortgage rates increase in March

Average interest rates on new mortgages crept upwards in March, ahead of an expected hike in rates by the European Central Bank this summer.

Business • 11 May 22

MyMortgages.ie said there are a few main reasons why more people are looking to switch

Mortgage broker says switching market is 'exploding'

Online mortgage broker MyMortgages.ie has said the switching market is "exploding", with the company reporting a 39% increase in their own levels of switching activity over the last 12 months.

Business • 11 Apr 22

The new rates will take effect from Monday and will apply to all new home loan customers

Permanent TSB to cut 4-year fixed mortgage rates

Permanent TSB is cutting the rates on its 4-year fixed rate mortgage product by 0.2%.

Business • 08 Apr 22

The figures show that re-mortgage or switching grew by just under 43% to 719 in volume terms year-on-year.

Mortgage switching volumes up over 40% on last year

There was strong growth in mortgage approvals in February with switching volumes up 42% year-on-year, according to the latest figures from Banking and Payments Federation Ireland.

Business • 29 Mar 22

Fixed rates are often lower than variable equivalents - but that may start to change in the coming months

In a fix - should you lock down your mortgage rate?

ICS Mortgages has raised its fixed mortgage rates - and many expect other lenders will follow suit soon. Adam Maguire asks if borrowers should jump on banks' current offers before the tide starts to turn.

Business • 27 Mar 22

The average approval secured by first time buyers and movers increased in January, according to the BPFI data

Mortgage approvals rose in January - BPFI

Mortgage approvals fell in January when compared to the previous month, but were higher year-on-year, according to data from the Banking Payments Federation of Ireland.

Business • 24 Feb 22

The value of mortgages approved in November reached €1.28 billion

Mortgage approval values reach new high in November

Almost 5,000 mortgages were approved in November, up 8.6% on the previous month but down 4.6% on the same time last year.

Business • 12 Jan 22

Finance Ireland said rates would fall by between 4 and 15 basis points, depending on the length of the loan and its LTV ratio

Finance Ireland reduces long-term fixed mortgage rates

Finance Ireland has reduced its long-term fixed mortgage interest rates.

Business • 01 Dec 21

Fixed rate mortgages accounted for 80% of new mortgages during the month, the figures show

Irish mortgage rates second highest in euro zone

Ireland had the second highest mortgage interest rates across the euro area in August, new figures from the Central Bank show.

Business • 13 Oct 21

Mortgage approval values stood at just over €1.28 billion in July

Mortgage approval values at a ten-year high in July

Just over 53,500 mortgages to the value of almost €13.2 billion were approved in Ireland in the 12 months to the end of July, according to Banking and Payments Federation Ireland.

Business • 27 Aug 21

The lender said it will cut rates by up to 0.5% from next Monday 9 August

ICS Mortgages cuts interest rates

ICS Mortgages is reducing interest rates across its new residential variable and fixed-rate mortgage

Business • 05 Aug 21

53% of the mortgage were approved for first time buyers

Mortgage approvals and drawdowns continue to rise

The number of mortgages being approved and drawn down continue to rise, according to the latest figures from Banking and Payment Federation Ireland.

Business • 27 Jul 21

Emmet Creighton, Co-founder and CEO of Lintil

Irish start up aims to simplify home-buying process

Irish-founded startup Lintil, which aims to streamline and simplify the process of buying a home, has launched its online platform in Ireland.

Business • 19 Jul 21

The new EBS fixed rate changes come into effect this Thursday for all new and existing EBS customers

EBS to cut its three and five year fixed rate mortgages

EBS has said it will cut its three and five year fixed rate mortgages by 0.15% from this Thursday, 22 July.

Business • 19 Jul 21

Central Bank seeks public views on mortgage rules

The Central Bank of Ireland has launched a public survey as part of its review of the policy framework around the restrictions on mortgage lending.

Business • 14 Jul 21

First-time buyers were approved for over 55% of the total volume of mortgages approved

Mortgage approvals up in May, driven by FTBs

New figures show the number of mortgages approved in May rose by 7.4% compared to the previous month, and were up almost 150% compared to the same time last year.

Business • 29 Jun 21

Brendan Norden, Mark Coan and Martina Baldwin of MoneySherpa

New start-up aims to help people switch mortgage

Former Group Commercial Director with Permanent TSB, Mark Coan, has launched a new money advice and brokerage business called moneysherpa.

Business • 23 Jun 21

Avant Money's new offering comes in the wake of Finance Ireland introducing a 20-year fixed rate

Avant Money to offer 30-year fixed rate mortgage

Competition in the mortgage market looks set to intensify with the announcement from Avant Money that it is to begin offering a suite of long-term fixed rates, including the first 30-year fixed rate in the Irish market.

Business • 18 Jun 21

Mortgage arrears continue to edge lower - Central Bank

New figures from the Central Bank show that the number of homeowners in mortgage arrears for more than 90 days fell to 5.2% at the end of March, from 5.3% three months earlier.

Business • 17 Jun 21

A total of 4,362 mortgages were approved in April

Mortgage approvals continue to grow, driven by FTBs

New figures show that the number of mortgages approved were up 0.9% in April on a monthly basis, while they rose by over 98% compared with the same time last year.

Business • 01 Jun 21