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Property

Ireland has highest mortgage interest rates in EU

Ireland has the highest mortgage interest rates in the euro zone, new figures from the Central Bank show. The average interest rate on new Irish mortgage agreements stood at 2.69% in December, compared to euro area average of 1.29%. [articlepreview ...

13 Feb 2022 at 13:33

City

Bellway shrugs off housing market concerns as demand remains strong

Housebuilder Bellway has brushed aside concerns that the cost of living crisis is set to dampen the roaring property market as it revealed higher than forecast prices and strong buyer demand. The Newcastle-based group saw completions hit a new ...

08 Feb 2022 at 12:18

Expected July interest rate hike to hit Carlow mortgages and loans

Local News

Expected July interest rate hike to hit mortgages and loans

Interest rates could be raised by the European Central Bank (ECB) in the coming months, leading to higher mortgage repayments for thousands of home owners and borrowers in Carlow and across Ireland. European Central Bank president Christine ...

11 May 2022 at 16:33

One in four service companies passed on costs to customers in March

As many as four in 10 service companies said they put up prices in March as they faced heavily rising energy and staffing costs. A closely watched survey of businesses in the service sector, including restaurants and pubs, found 40% ...

05 Apr 2022 at 11:55

Personal Finance

Halifax apologises after wrongly telling customers base rate had changed

Mortgage giant Halifax has apologised after sending emails in error to customers, wrongly telling them that the Bank of England base rate had changed. The emails, which said “the Bank of England base rate has changed today”, were ...

03 May 2022 at 16:25

Bank of England set to hike interest rates to 13-year high amid cost crunch

Interest rates are expected to be hiked once again on Thursday to their highest level for 13 years as the Bank of England battles to cool rocketing inflation. The Bank’s policymakers are predicted to increase rates from 0.75% to ...

01 May 2022 at 10:25

Home

Expected July interest rate hike to hit mortgages and loans

Interest rates could be raised by the European Central Bank (ECB) in the coming months, leading to higher mortgage repayments for thousands of home owners and borrowers. European Central Bank president Christine Lagarde ...

11 May 2022 at 20:33

Home

'Urgent action' needed to combat expected rise in mortgage rates

An increase of mortgage interest rates in the coming months will lead to higher monthly repayments for up to 450,000 homeowners in the country. There has been speculation that interest rates could rise as early as July ...

27 Apr 2022 at 22:33

Bank raises rates to 1% and warns cost crisis will send economy into reverse

The Bank of England raised interest rates to 1% as it warned the economy will go into reverse and that inflation will peak at more than 10% as the Ukraine war compounds a crippling cost-of-living crisis. Members of ...

05 May 2022 at 16:25

National News

Unemployment rate falls to lowest level since start of Covid-19 pandemic

Unemployment rates have fallen in the past month and figures are significantly down when compared with this time last year. Figures from the Central Statistics Office (CSO) show an unemployment rate of 4.8% for ...

06 May 2022 at 09:33

Services sector growth up by fastest pace for eight months despite price hikes

Growth in Britain’s all-important services sector rose at its fastest pace for eight months in February despite more record price rises. The closely watched IHS Markit/CIPS services PMI survey scored 60.5 in ...

03 Mar 2022 at 11:55

Personal Finance

Increase in borrowers remortgaging homes at end of 2021

The number of home-owners remortgaging their properties jumped up towards pre-coronavirus pandemic levels at the end of last year, according to Bank of England figures. The Bank said the share of home loans ...

08 Mar 2022 at 14:55

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