New trends in underwriting and credit It is 2009 and one of the things we need to look at (at least from the mortgage market perspective) is the availability of credit. Many... Continue reading
What stimulus is there after a 0% rate? There are generally two strands to monetary stimulus, firstly there are interest rates, and then there is the actual money supply. We'l... Continue reading
The bailout has arrived, Irish banks in line for Government funds. The banking bailout has come along, as many of us always thought it would, in the form of a (potential) €10 billion Euro package. An an... Continue reading
How falling interest rates hurt banks during a liquidity crisis The falling interest rates are heralded by consumers of Irish mortgage companies as a godsend - well, for the clients of the Irish bank... Continue reading
Will Specialist or Sub-Prime lenders be better off? With the news coming out daily about prime lenders facing higher and higher impairment charges it begs the question of who will do bett... Continue reading
ECB cuts rates to 2.5% – tracker mortgage interest rates benefit. Tracker mortgages are a mortgage that is tied to some form of base, be it the ECB base rate or the Euribor, in residential lending it t... Continue reading
Mortgage Application Requirements: What do I need and Why? The average mortgage taken out in Ireland is approximately €260,000. Before mortgage providers lend-out such large amounts of money the... Continue reading
The weight of compliance Compliance is set to become a core area in financial services because one result of the current financial crisis is that people will wa... Continue reading
Best mortgage interest rates for first time buyers The current market is heavily weighted in favour of the buyer and for that reason we have seen more first time buyers interested in fin... Continue reading
Why brokers should not be part of the Valuation process When you deal with a lender they will often ask for various income documents to prove your ability to repay or service the loan you are... Continue reading