ECB Interest Rates May Increase Cost Of Mortgages


There is a strong possibility that the ECB will increase interest rates soon, due to inflationary pressures caused by rises in oil prices and other commodities.

This will have an impact on the depressed property market, which is struggling due to lack for mortgage funds from the Banks and the reduced incomes suffered by people in general due to the economic downturn and the government cutbacks. [Read more...]

Latest Information On Irish Interest Rates Rise


Irish Interest Rates, is there a more thorny topic in Ireland in 2011?

It looks like the ECB will increase it base rate in April as inflation continues to be a problem. With interest rates on the rise this will have a negative effect on the Irish economy and the property sector as it will affect mortgage rates. [Read more...]

Stamp Duty Budget Changes for 2011


Looking for information on Stamp Duty in Ireland?

The Minister announced in the December budget that he has reduced the stamp duty on residential property sales to 1%for prices up to €1 million. This should help people who are trading up or trading down. [Read more...]

Moral Hazard


There has been a lot of talk in the media recently about moral hazard when discussing the repayment of loans. What exactly does it mean and why should we care?  [Read more...]

Banking Code On Personal Mortgages


The Central Bank has revised the code by which Commercial Banks deal with mortgages that are in arrears. The original code which was brought in in 2009 due to pressue from people who were in arrears. [Read more...]

House Prices Continued To Fall In 2010


The price of houses fell by a reported 15% during the past year, according to the property website This means that prices has now dropped by about 40% from the peak in 2007. [Read more...]