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The volume of mortgages issued in February was 7% higher than February 2020

Irish mortgage rates still second highest in euro zone

Rates on Irish mortgages remain the second highest in the euro area, according to the latest figures from the Central Bank.

Business • 07 Apr 21

Some applicants for mortgage protection insurance have been refused cover as their employer is availing of wage supports

No blanket denial of mortgage insurance over EWSS - CBI

The Deputy Governor of the Central Bank has said mortgage protection insurance providers must deal with applications from those whose jobs have been impacted by the Covid-19 pandemic, or the virus itself, on a case by case basis.

Business • 31 Mar 21

Permanent TSB said the new product is available for all new home loan customers including first time buyers

PTSB's new 4-year fixed rate mortgage rate of 2.25%

Permanent TSB has launched a new four-year fixed rate mortgage product for new customers with a rate starting at 2.25%.

Business • 29 Mar 21

Approvals for First Time Buyers were down 20% compared to the previous month

Mortgage approvals fell 16% in January

The number of mortgages approved in January fell by 16% compared to the previous month, according to figures published by the Banking & Payments Federation Ireland.

Business • 26 Feb 21

AIB said 92% of the loans were connected to private homes, with the average in arrears for ten years

AIB sells €600m of non-performing loans to Mars

AIB is to sell 4,000 non-performing mortgage loans to Mars Capital Finance, the majority of which are held by owner-occupier customers.

Business • 19 Feb 21

The blunder looks set to cost the bank around more than €572,000

Bank of Ireland to refund 35,000 mortgage customers

Bank of Ireland is to refund tens of thousands of its mortgage customers after it discovered that it had overcharged them.

Business • 17 Feb 21

AIB said the vast majority of the loans had been in arrears for more than five years

AIB sells 620 mortgage loans to Everyday Finance

AIB has sold off a portfolio of mortgage loans in arrears to a Galway-based company, Everyday Finance.

Business • 29 Jan 21

Banks and non-bank lenders said they were ready to offer personalised supports to customers impacted by the latest Covid-19 restrictions

No spike yet in requests for Covid loan supports - BPFI

Banks have not yet seen a sharp rise in customers struggling to meet loan repayments following the tightening Covid-19 restrictions, but the Banking and Payments Federation of Ireland says its members are ready to offer support to those that need it.

Business • 08 Jan 21

Household deposits reached a record €124 billion in November, new Central Bank figures show

Household deposits at record €124 billion in November

New Central Bank figures show that Irish consumers continued to save in November as the impact of Covid-19 continued to hit people's chances and willingness to spend.

Business • 06 Jan 21

Lending to SMEs is concentrated around three banks, so the loss of any one of them could have a major impact on the availability of credit, Mr Sibley said

Ulster Bank exiting Irish market could hit SMEs: Sibley

An exit by Ulster Bank from Ireland could lead to a concerning reduction in competition in the SME lending market, the deputy governor of the Central Bank has said.

Business • 16 Dec 20

Why do mortgage rates remain stubbornly high in Ireland?

Why do mortgage interest rates remain stubbornly high?

Mortgage rates in Ireland remain the second highest in the euro zone, according to the latest figures from the Central Bank.

Business • 10 Dec 20

The pandemic has quickly separated the serious house buyer, from the casual house viewer.

Buying a home during a pandemic: What is different?

If you've managed to boost your savings throughout the pandemic, you may be thinking about buying a home sooner than you had expected.

Business • 07 Nov 20

The five main banks had extended 67,000 Covid payment breaks to owner-occupiers

Mortgage payment break ending? What next?

Banks were widely credited for their quick response to the Covid-19 pandemic, giving lenders a rare sense of kudos - something that it's fair to say had been absent for years with controversies around mortgage overcharging, loan sales and complaints that they were charging high mortgage rates.

Business • 10 Oct 20

This new legislation would remove the condition that mortgage arrears must pre-date 1 January 2015

New law to be drafted to assist home mortgage borrowers

Minister for Justice and Equality Helen McEntee is to draft new legislation aiming to help borrowers at risk of losing their home.

Politics • 05 Oct 20

Ireland had the third highest mortgage interest rate across the euro area in July.

New mortgage agreements down 35%

New mortgage agreements fell 35% year-on-year in July, according to figures published by the Central Bank of Ireland.

Business • 11 Sep 20

Mortgage lending rose 30% in June

The volume of new mortgage lending rose by 30% in June compared to a three year low recorded in May.

Business • 14 Aug 20

Banks have had to compensate customers thousands of euro for failing to offer tracker rates

Ombudsman notes high number of mortgage complaints

Complaints over tracker mortgages, insurance policies and customer credit records all feature in the latest report from the Financial Services and Pensions Ombudsman published today.

Business • 07 Aug 20

The decrease in the volume of new mortgages agreed in May was the largest year-on-year decline since the series began

New mortgage lending fell by record amount in May

The volume of new mortgages agreed with banks in May amounted to €377 million, which represented a drop of 48%, according to figures released by the Central Bank today.

Business • 10 Jul 20

AIB had halted accepting mortgage applications from customers receiving Covid-19 supports from the State

AIB reverses mortgage rule for Covid payment recipients

AIB says it will begin to accept new mortgage applications from customers who are in receipt of the State's Covid-19 payment supports from next week.

Business • 01 Jul 20

Fall in number of approvals not unexpected

Fall in mortgage approvals but market shows resilience

The number of new mortgage approvals in May was nearly 62% lower than the same month last year.

Business • 26 Jun 20

BPFI says 140,000 bank customers are now on payment breaks

End of June deadline for bank repayment break requests

Bank customers who require a break from repaying their mortgages or loans because of the impact the Covid-19 crisis is having on their finances will have to apply for one by 30 June, the Banking and Payments Federation Ireland has said.

Business • 28 May 20

There has also been strong demand for payment breaks for small firms

45,000 mortgage breaks granted by Irish banks

More than 45,000 mortgage payment breaks have been or are about to be given to borrowers suffering financial difficulty as a result of the Covid-19 pandemic.

Business • 13 Apr 20

Minister Paschal Donohoe said there is 'breathing space' for those who cannot pay their mortgage

Govt examining ways to help outbreak jobless - Donohoe

Minister for Finance Paschal Donohoe has said he recognises that for many people who have lost their jobs or cannot work as a result of the Covid-19 outbreak, the amount of social welfare available will be a real challenge.

Coronavirus • 21 Mar 20

Pressure is mounting on the Government to address concerns from people in the rental market

Pressure mounts on Govt for measures to help tenants

A group representing landlords expects the Government to bring forward measures shortly to help renters who are facing a drop in income from the impact of Covid-19.

Coronavirus • 18 Mar 20

Ulster Bank said said these aren't blanket provisions and individual customers will be considered and options matched on a case-by-case basis

Some banks to offer loan repayment deferrals

A number of banks here say they will offer mortgage and loan repayment deferrals to personal customers, to help them deal with financial strain caused by the Covid-19 outbreak.

Business • 10 Mar 20