The Central Bank of Ireland has sounded the alarm on the alarming threat posed by investment funds to struggling homeowners. In the final quarter of last year, a staggering 47,700 individuals found themselves unable to meet their mortgage repayments, marking a concerning trend. Most concerning, however, is that these mortgages have fallen into the hands … Read more
In a remarkable trend, Ireland’s average mortgage interest rates have fallen for the third consecutive month, settling at 4.19%, as reported by the Central Bank’s December figures. This 0.06% decrease from November has positioned Ireland in 10th place among Eurozone countries. Economists express surprise at this unexpected shift, attributing it to the anticipation of a … Read more
The fixed mortgage interest rate from Ulster Bank has increased by 0.75%. The new rates are in effect as of right now, but only for a select group of existing customers. Mortgages have not been offered for sale to new customers since June or to existing customers since August as a result of the bank’s … Read more
Ireland tops in terms of mortgage rates in the eurozone again, according to a new report by the Central Bank of Ireland. The average interest rate on a new mortgage in the country now stands at 2.73%, while the eurozone average is just 1.28%, says the report. Greece comes on the second spot with a … Read more