Organisation: Banking and Payments Federation

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Report shows 24% of first-time buyer mortgage borrowers are now moving county to buy or build their first home, up from 19% in 2021.</p>

economy

John Hearne: Mortgage holders are going further and further to find a home

Growing numbers of mortgage holders are moving out of the cities and into commuter belt counties to find a home

<p>Volume of car loans was up by over 24%, with close to 58,000 loans issued during last year</p>

economy

Value of personal loans drawn down last year surges to more than €2bn

<p>Fraudsmart members identified over 2,600 money mule accounts in the first half of this year. An average of €10,000 was moved through these accounts.</p>

economy

Students face fraud through money mule and rental scams

companies

Banks defend soaring profits after '10 years of dulled profitability'

economy

Mortgage repayments up €100 a month due to rising property prices, according to new report

economy

Mortgage-rate increases see first-time buyers shelling out thousands extra

Hayes: Despite increased contactless payments, there will always be cash and bank branches

Three-quarters of consumers are now using contactless payments at least once a week, leading to a reduction in the usage of cash.

Fri, 22 May, 2020

Hotel and catering sectors hit hard by unemployment, data shows

The number of job listings fell by over a third last month due to Covid-19.

Fri, 17 Apr, 2020

Six-month mortgage breaks being considered as Covid-19 crisis continues

Over 45,000 three-month mortgage breaks have been granted or are close to completion.

Sun, 12 Apr, 2020

First-time buyers leaving capital for Dublin's commuter belt

Over 40% of first-time buyers in the Dublin commuter belt area are buying outside of their home county.

Thu, 05 Dec, 2019

As price growth slows, new fears haunt housing market

The Economic and Social Research Institute (ESRI) has suggested that the Irish housing market is not a bubble and that house price levels across the country do not display signs of being unsustainable and are actually broadly in line with fundamentals.

Fri, 15 Nov, 2019

Mechanism for resolving disputes between lenders and distressed mortgage holders will extend to vulture funds

MABS, the State-backed Money Advice and Budgeting Service and the Banking and Payments Federation have announced the agreement, saying it will help consumers who are struggling with mortgage debt.

Mon, 04 Nov, 2019

Consumer confidence at lowest level for six years due to Brexit

A new report from the Banking and Payments Federation also shows that the tourism and construction sectors are worst affected.

Tue, 15 Oct, 2019

Shoppers: Beware of summer scams and fraudulent emails

John Hearne cautions people to be on high alert as seasonal scams seem to be on the rise, so particularly watch out for fraudulent emails.

Thu, 20 Jun, 2019

Increase in number of new mortgages being drawn down

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

Fri, 26 Apr, 2019

Why are Irish mortgage rates the highest in the EU?

Latest figures from the Central Bank show that the average interest rate on a new mortgage in Ireland is 3.01%.

Thu, 21 Mar, 2019

‘Radical culture change’ needed in Irish banks

A “radical culture change” is needed if customer trust in the banks is to be repaired and restored, according to the deputy governor of the Central Bank.

Sat, 21 Oct, 2017

Irish mortgages among most costly

Irish mortgage holders are continuing to pay higher-than-average interest rates on new home loans despite recent reductions, new research from the Central Bank shows.

Wed, 13 Apr, 2016

‘Pay caps hamper recruitment’ according to Central Bank deputy governor

The deputy governor of the Central Bank has warned that public sector pay restrictions and the lure of better pay at the European Central Bank are damaging its ability to retain staff.

Sat, 28 Nov, 2015

Commission urges SMEs to reach out for EU funding

The European commissioner responsible for SMEs has urged Irish businesses to reach out and tap new EU ways of financing their businesses.

Sun, 01 Nov, 2015

House prices enjoy resurgence across country

Average price of homes increased in almost every county, with the national average now standing at €164,000, writes Seán McCárthaigh

Wed, 19 Aug, 2015

Central Bank rules ‘will stem bubble’

The number of mortgage loans drawn down by home buyers has rebounded to their highest level for seven years, but new Central Bank restrictions on lending will likely stem any new credit-fuelled house price boom, analysts predict.

Wed, 20 May, 2015