Mortgage Activity since 2005 I thought the following chart was an interesting visual on how far the mortgage market has fallen since the peak in 2006, draw your own... Continue reading
Disintermediation – can you beat the banks with alternatives? Banks take money from depositors, lend it to borrowers and keep the difference between what they pay the depositors and what they lend ... Continue reading
Talking property tax on WLR FM We spoke to WLRFM yesterday (sound file here) about some of the contentious issues with a market value based property tax. Using values... Continue reading
‘Wat’er rip off! Yet another downside of market value based property tax Not linking a property tax to the cost of running a local authority means we will have no idea of exactly what we are paying for. When ... Continue reading
Four channels, one show, different prices – lending looking up in 2013? AIB currently have four lending channels, there is AIB direct (their branches), AIB Broker (via the Ballsbridge HQ), EBS (done through ... Continue reading
Mortgage to rent in as bad a shape as the mortgage market I think Ciaran Lynch hit the nail on the head when he said the 'mortgage to rent' scheme risks 'becoming a flop'. The issue here comes ... Continue reading
AIB tightening criteria? Are banks really lending? In recent days the IBF came out with a very positive story about how mortgage lending has increased year on year for the first time sin... Continue reading
The 3 tools in a bankers box. Banks have three tools (and no, it isn't the CEO, Chairperson and Secretary!) in their box for getting into good health: 1. Operationa... Continue reading