mortgage Archives - Page 2 of 33 - MyHome.ie Advice & Blog

Home buyers borrowing more as property prices continue to rise

Blog, General, Home, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer

Ever increasing property prices are forcing buyers to borrow more, new figures have revealed. The data from the Banking and Payments Federation shows both a rise in the level of mortgage borrowing and the amount that purchasers are drawing down on their loans. Indeed, the…

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General

EBS to reduce its fixed mortgage rates

Blog, General, Home, Mortgages & Money, Property News, The First Time Buyer

EBS has announced reductions in its fixed mortgage rates for new and existing home mortgage customers. The lender also said it will extend its 2% back in cash offer for new mortgage customers to the end of next March. EBS said all its fixed rates…

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Buy & Sell

First Time Buyers: Get to Know the New Mortgage Rules

Advice, Buy & Sell, Buying, Finance, Sponsored

If you’re saving for a mortgage, you may be aware of the Central Bank rules regarding mortgage lending requirements. If you’re wondering how these mortgage rules will affect you as a First Time Buyer, we’ve listed some frequently asked questions below. I’m a First Time…

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General

Mortgage approvals in May up by more than a third

Blog, General, Home, Market News, Mortgages & Money, Property News, The First Time Buyer

The number of mortgages approved rose by over a third in May compared to the same month a year earlier, new figures show Data from Banking and Payments Federation Ireland reveal there were 4,124 approvals valued at a combined €884 million granted during May. This compares with…

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General

Fixed rate mortgages becoming increasingly popular

Blog, General, Home, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer

Mortgage borrowers are increasingly entering into fixed interest rate arrangements, according to figures from the Central Bank. Fixed rate loans on principal dwellings recorded a net increase of €615 million in the first quarter of this year. In contrast, floating rate loans, mainly accounted for…

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General

What it takes to buy a property in Ireland right now

Blog, General, Home, Market News, Mortgages & Money, Property News, The First Time Buyer, The Investor, The Seller

What it requires to buy a property in Ireland nowadays was outlined by a new study from the Central Bank this week. The overview of residential in lending in Ireland shows there were 29,893 new mortgage loans issued last year with a total value of…

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General

Mortgage approvals up 62% in first quarter of 2017

Blog, General, Home, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer

Mortgage approvals surged by 62% in the first quarter of 2017 compared to the same period last year, according to figures released last week by Banking & Payments Federation Ireland (BPFI). The figures also revealed that the value of the loans approved is rising even…

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General

Credit Unions set to enter the mortgage market

Blog, General, Home, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer, The Investor, The Overseas Investor, The Seller

Home buyers may soon be able to get a mortgage through their local credit union. According to reports today, credit unions are set to enter the mortgage market with up to €400m available for new loans. The Credit Union's Solution Centre - its innovation hub…

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General

Central Bank to remove €220,000 cap for first-time buyers with 10% deposit

Blog, General, Home, Industry News, Market News, Mortgages & Money, Promoted, Property News

The Central Bank is to remove the €220,000 cap on mortgage lending for first-time buyers who have a deposit of 10%. This is a shift from the current requirement, which puts the ceiling at 90% for loans up to €220,000 but at 80% for the…

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General

Outcome of Central Bank mortgage rules review to be revealed this afternoon

Blog, General, Home, Industry News, Market News, Mortgages & Money, Property News

The Central Bank is to announce the outcome of its review on mortgage rules this afternoon. The existing restrictions set limits on how much home buyers can borrow in relation to their income and the size of their deposit. The board of the Central Bank…

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