Irish CCPC opens public consultation to gather views about the future of Irish mortgage market

The Competition and Consumer Protection Commission (CCPC) has  published a public consultation to gather views about the future of the Irish mortgage market. The public consultation is a key input into a body of work being undertaken by the CCPC. This work was requested by the Government as part of the “Programme for a Partnership […]

Moody’s: Irish mortgage performance and home prices buoy several sectors, amid arrears concerns

The benefits of rising house prices in Ireland and lower mortgage arrears will continue to spread to Irish banks and bonds backed by home loans (namely, residential mortgage-backed securities (RMBS) and covered bonds), says Moody’s Investors Service. “We expect mortgage arrears to slowly decline and house prices to rise by up to 5% over the […]

Global housing and mortgage markets to be stable or improve this year, Fitch says

  According to the Fitch Ratings- Global Housing and Mortgage Outlook 2016 report, housing and mortgage markets will be stable or improve in the world this year. While most markets are seen to be stabilising or improving, a combination of macro-prudential controls and affordability constraints will constrain growth prospects. Low mortgage rates, GDP growth, improving employment […]

Australian Pepper Group enters Irish mortgage market

Pepper Ireland, part of global financial services business Pepper Group, is entering the Irish mortgage market with the launch of a suite of new mortgage products and the establishment of a dedicated new lending division, “Pepper Homeloans”, the company announced yesterday. The Pepper Group is a diversified and experienced global financial services business quoted on […]

Mortgage applications increase sharply in U.S

Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2016. The Market Composite Index, a measure of mortgage loan application volume, increased 21.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted […]

UK mortgage market set for a year of change!

This year will be one of change for the housing market mortgage sector in the UK, helped by a more optimistic jobs and economic outlook, according to the Council of Mortgage Lenders (CML)… This year will be one of change for the housing market mortgage sector in the UK, helped by a more optimistic jobs […]