If you didn’t like 100% mortgages you’ll loathe negative equity mortgages I was interested in the front page of today's Independent in which Charlie Weston broke a really big story about Irish banks being in a... Continue reading
Mortgage Mediation, a solution for mortgage holders in Florida (could it work in Ireland?) Currently about 25% of the mortgages in Florida are delinquent, there is a huge amount of foreclosed property on the market, short sell... Continue reading
Are 100% mortgages the problem? Is LTV a symptom or a cause? An article in the Independent yesterday pointed toward 100% mortgages being a significant attributer to the bubble, I would wager it wa... Continue reading
Banks don’t care about property prices O.k. I lied, they care, but when it comes to new lending (and the secular trend that has already started in Irish lending rates) the un... Continue reading
Irish Banking. How does it play out? I used to be in a Chess Club, and one thing it taught me (apart from how to lose using the Kings Gambit) is that you can often see a ge... Continue reading
Irish Mortgage Brokers in the press, May 2010 We had a busy month in the financial commentary world. A list of our press mentions is below 23rd May 2010: Sunday Tribune: Safe for a... Continue reading
Who is telling porkies? Lending figures v.s. Advertisements In the first quarter of 2010 there were c. 62 business days, and from this time frame we have gotten the most recent lending figures fr... Continue reading
An ounce of prevention beats a pound of cure – banks need to change how they deal with arrears Currently banks are not interested in dealing with customers who 'might go into arrears', they tend to brush them off - instead focusin... Continue reading
PTsb mortgage rate increases PTsb have been fairly honest in the way they have handled their loan book over the last two years, unpopular too, however it is importa... Continue reading
Irish Property Investor Report: Spring 2010 We are pleased to release our new Irish Property Investor Report for the Spring of 2010 (click on the picture to view it). The people t... Continue reading