5,100 mortgages worth more than €1bn approved in July

5,100 mortgages worth more than €1bn approved in July

The figure is an approvals increase of 14.5% on the previous month and 21% compared to the same time last year.

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Taoiseach calls for tweak to mortgage lending rules 'so people can get out of rent trap'

Taoiseach calls for tweak to mortgage lending rules 'so people can get out of rent trap'

The Taoiseach Leo Varadkar has called for changes to the Central Bank mortgage lending rules.

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May figures reveal more than €1.1bn worth of mortgages approved by banks in a month

May figures reveal more than €1.1bn worth of mortgages approved by banks in a month

Almost 5,000 mortgages valued at more than €1.1bn were approved in May.

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Irish mortgage-holders paying €2,000 extra a year compared to EU homeowners

Irish mortgage-holders paying €2,000 extra a year compared to EU homeowners

Irish homeowners are paying almost €2,000 more a year for their mortgage than their European counterparts.

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Why mortgage rates are lower in UK

Why mortgage rates are lower in UK

UK retail banking customers enjoy the benefits of a highly competitive market which has seen aggressive pressures on mortgage pricing, personal loan pricing, and savings rates.

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Increase in number of new mortgages being drawn down

Increase in number of new mortgages being drawn down

There has been an increase in the number of new mortgages being drawn down.

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Switching mortgage can save you thousands

Switching mortgage can save you thousands

Less than 1% of customers switched their mortgage last year, according to the Central Bank. That’s shocking.

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First-time buyers accounted for half of approved mortgages last month

First-time buyers accounted for half of approved mortgages last month

Latest figures from the Banking and Payments Federation Ireland, show that 3,364 mortgages were approved last month - an 11% increase compared to the previous month.

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Nearly quarter of population only ever borrowed for mortgage

Nearly quarter of population only ever borrowed for mortgage

Almost a quarter of the population have only ever borrowed money for a mortgage.

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First-time buyers make up bulk of mortgage approvals in November

First-time buyers make up bulk of mortgage approvals in November

Mortgage approval rates for November show the majority of lending continues to be for first-time buyers.

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New rules start today to make it easier for mortgage customers to make savings

New rules start today to make it easier for mortgage customers to make savings

Customers will have to be told if they can make savings on their mortgage under new Central Bank rules that come into effect today.

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Irish mortgage rates end the year as most elevated in Europe

Irish mortgage rates end the year as most elevated in Europe

Irish mortgage rates are ending another year as the most elevated in Europe and are likely to remain so without Government or Central Bank action as the era of cheap money draws to an end.

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Central Bank figures show how much higher Ireland's mortgage rates are than rest of EU

Central Bank figures show how much higher Ireland's mortgage rates are than rest of EU

Ireland continues to have Europe's highest mortgage interest rates.

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Fianna Fáil’s mortgage bill has ‘run aground’

Fianna Fáil’s mortgage bill has ‘run aground’

Irish mortgage rates, the highest in Europe, will be part of the talks between Fianna Fáil and Fine Gael in their discussions on renewing their supply and confidence agreement, Davy analysts have said, after Fianna Fáil’s bid to force regulation over interest rates “run aground”.

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Finance Ireland agrees to buy Pepper Money and enter Irish mortgage market

Finance Ireland agrees to buy Pepper Money and enter Irish mortgage market

Finance Ireland has said that it is accelerating its plans to buy mortgage origination business Pepper Money in Ireland for an undisclosed amount.

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First-time buyers paying €157 above European average for mortgage each month

First-time buyers paying €157 above European average for mortgage each month

First-time buyers are paying almost €157 more for their mortgage each month compared to the European average.

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Mortgages of 34 years ‘insanely long’

Mortgages of 34 years ‘insanely long’

Almost half of first-time buyers have loans of up to 34 years, according to Central Bank figures — “insanely long” terms costing such homeowners tens of thousands of euro more in interest, a consumer expert has said.

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Mortgage market to see more competition

Mortgage market to see more competition

Credit Unions are preparing to enter the mortgage market.

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First-time buyers continuing to dominate mortgage market - report

First-time buyers continuing to dominate mortgage market - report

Almost half of all mortgages are going to first-time buyers.

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An Post to enter mortgage market with cut-price interest rates

An Post to enter mortgage market with cut-price interest rates

The rates will be 1% less than what's currently on offer, and will be available to both new holders and mortgage switchers.

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First time buyer with €250k mortgage paying extra €190 a month compared to EU average

First time buyer with €250k mortgage paying extra €190 a month compared to EU average

The Government “needs to show its teeth” and call banks to task on mortgage rates, which remain among the highest in the eurozone, according to a consumer body.

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Glenveagh: Price of new builds to rise 6%

Glenveagh: Price of new builds to rise 6%

The price of new builds for first-time buyers will continue to rise by an annual 5% to 6% for the next few years, although the Central Bank’s mortgage lending rules are weighing on prices in the second-hand market, says Glenveagh Properties.

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Mortgage lending and credit ‘weak’

Mortgage lending and credit ‘weak’

Mortgage lending is “going in the right direction” but also “much smaller than it should be”, according to an organisation representing brokers.

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Irish mortgage customers pay extra €188 a month compared to other Eurozone countries

Irish mortgage customers pay extra €188 a month compared to other Eurozone countries

Figures released by the Central Bank today revealed that Irish mortgage customers continue to pay higher interest rates than customers in any other country in the Eurozone.

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Permanent TSB criticised for selling non-performing mortgages worth €1.3bn to vulture fund

Permanent TSB criticised for selling non-performing mortgages worth €1.3bn to vulture fund

Permanent TSB is being criticised for selling off non-performing mortgages worth €1.3bn to a vulture fund.

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Concerns about how lenders are engaging with Help to Buy scheme

Concerns about how lenders are engaging with Help to Buy scheme

Concerns are being raised about how lenders engage with the Help to Buy scheme, which more than 1,100 people have applied for.

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Mortgage approval rates continue upward trend

Mortgage approval rates continue upward trend

New figures show that mortgage approval rates continued to strengthen last month.

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Finance Minister backs Central Bank mortgage rules

Finance Minister backs Central Bank mortgage rules

The Finance Minister Michael Noonan has again backed the Central Bank mortgage rules, saying that earlier this year it "looked a bit scary" that another housing bubble was starting.

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Noonan wants review of Central Bank's mortgage caps

Noonan wants review of Central Bank's mortgage caps

The Finance Minister Michael Noonan has indicated he would like to see a review of the Central Bank's mortgage caps for first-time buyers.

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Ulster Bank to cut mortgage rate for some borrowers

Ulster Bank to cut mortgage rate for some borrowers

Ulster Bank is to cut mortgage interest rates for low-risk borrowers.

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FF calls for investigation into Central Bank role in PTSB mortgages furore

FF calls for investigation into Central Bank role in PTSB mortgages furore

Fianna Fáil is claiming the Central Bank has serious questions to answer following revelations that it was warned in 2009 about the tracker mortgage scandal at PTSB.

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Permanent TSB ordered to compensate over 1,300 mortgage holders

Permanent TSB ordered to compensate over 1,300 mortgage holders

Serious failures by Permanent TSB has led to people losing their homes, a damning investigation has revealed.

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Central Bank needs powers to cap mortgage interest rates: FF

Central Bank needs powers to cap mortgage interest rates: FF

Fianna Fáil is calling for the Central Bank to be given the power to cap interest rates on mortgages.

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Noonan confirms banks will lower rates; warns them of Budget levy if they fail

Noonan confirms banks will lower rates; warns them of Budget levy if they fail

Finance Minister Michael Noonan has confirmed banks have agreed to start lowering their variable mortgage interest rates from July.

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Noonan expected to announce rate cuts or new mortgage deals from banks

Noonan expected to announce rate cuts or new mortgage deals from banks

The Minister for Finance Michael Noonan is expected to publish a report this afternoon which will say lenders have agreed to cut their variable rates for mortgages, or offer their customers new deals.

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Banks warned to cut rates or face government cap

Banks warned to cut rates or face government cap

Banks have been told they must cut variable mortgage interest rates or face government policy decision that may include a cap on rates.

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AIB may reduce mortgage rates 'if costs come down'

AIB may reduce mortgage rates 'if costs come down'

AIB will look at reducing its variable interest rate for mortgage customers in June, its chief executive has said.

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Noonan: I'll talk mortgage rate reductions with bank leaders

Noonan: I'll talk mortgage rate reductions with bank leaders

Finance Minister Michael Noonan has said he will discuss cutting variable mortgage rates with Ireland's top lenders in the coming weeks.

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AIB can't cut mortgage rates, bank expected to tell Dáil committee

AIB can't cut mortgage rates, bank expected to tell Dáil committee

The chief executive of AIB is expected to tell an Oireachtas committee today that the bank's variable mortgage rates cannot be cut, in order to protect its future.

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