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The Central Bank has left its mortgage rules unchanged.
Buy-to-let investors now account for less than 1% of mortgages, compared to 20% in 2006, according to new figures.
Gardaí say mortgage charges were fraudulently removed from 12 properties.
October was the busiest month for mortgage approvals since BPFI began collecting this data in 2011.
Darragh O’Brien said he wants to ensure houses ranging in price from €160,000 to €250,000 will be available.
Applicants who received approval before the Covid-19 crisis have had approval pulled.
The lowest number of mortgage arrears since 2010 was recorded in the first quarter of the year.
At the end of last week and over the weekend customers complained of issues they had accessing this payment deferral.
They will continue to make payments on the mortgages on their respective homes and they will each make lump sum payments of €100.
The 12,259 mortgages are valued at €2.7 billion.
The man used the loan to purchase a house in Walkinstown in Dublin.
One economist warned that this increased activity will put pressure on the infrastructural needs in these areas.
From March next year, brokers and financial adviser will also have to publish details of commissions they receive on their websites.
Minister for Finance Paschal Donohoe said the scheme has played a ‘valuable role’.
Homeoptions is offering itself as an alternative to vulture funds and said it is already engaging with one bank in relation to a home loan portfolio.
The Housing Minister said he does not know why Louth County Council has decided not to issue loans that are already approved.
The volume of new mortgage agreements amounted to €598 million in April 2019.
In an interview with TheJournal.ie this week, the Taoiseach said he understood the intent behind Sinn Féin’s No Consent No Sale Bill.
There were 5,692 complaints made to the financial services ombudsman last year – one third of those about insurance.
People struggling to get mortgages and concerns about Brexit are affecting the market.
Irish households are in a better position to withstand “adverse shocks” than it was in 2014.
The Bill aims to broaden the matters a judge needs to take into account when considering repossessions.
The number of people affected by the overcharging scandal has now risen to almost 40,000.
A proposed new EU Directive aims to develop a secondary market for non-performing loans and poses a serious threat to the rights of borrowers and consumers, writes Matt Carthy.
KBC Ireland said it is taking additional measures to ensure the safety of its staff.
Central Bank governor Philip Lane said the measures protect borrowers from excessive debt.
She’s moved in with her sister in order to save as fast as she can.
Brendan Burgess claims there is “no tsunami” of arrears cases now.
Just a month before the government announced a redress scheme for the thousands of impacted homeowners, Karl Murtagh was told his mortgage had been sold.
He has kept up his hobbies despite many cutbacks.
The almost 45,000 mortgages approved in the last 12 months are valued at €9.9 billion.
Minister Charlie Flanagan today praised the success of the Abhaile legal advice scheme, but did not indicate it would be extended to provide full representation.
The announcement was made about the loans earlier this week – and it has since emerged that the portfolio included performing loans.
This would be done under the government’s mortgage-to-rent scheme, with the owners becoming council tenants.
Financial adviser Padraic Kissane believes an extra 3,000 people may be affected, but some may have to go to the courts to get their money back.
The IFA has been contacted by around 200 farmers impacted by the issue so far this year.
We take a dive into the figures available for the cases brought against homeowners in the courts over the past few years.
A judge has given them six months to sell the property “before the bank does”.
Padraig Kissane said he believes a further 5,000 cases not yet included in the investigation are impacted.
The initiative has been welcomed by Minister Paschal Donohoe today.
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