How to deal with a mortgage interest rate rise…

If you're new here, you may want to subscribe to our email newsletter or our RSS feed. Thanks for visiting!Now that it has been confirmed that PTSB are going to raise their interest rates, it may be time to take a look at how your finances would handle an interest rate rise.   Many commentators believe...

What happens when you cannot pay your mortgage?

Image by jakerome A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain. – Mark Twain While the rich and increasingly irrelevant oligarchs who have run our country into the ground argue over who should get their nose deeper into the...

Everything you wanted to know about NAMA but were afraid to ask

It’s not a good idea to take a forecast from someone wearing a tie. – Nassim Nicholas Taleb NAMA. It seems like nothing else has been happening in Ireland for the last few weeks. However, this is one of the biggest economic stories to happen in Ireland since the founding of the state. It will effect...

Fallen behind in your mortgage? Here is some good news

If you are experiencing some difficulty with your mortgage (and there is plenty of evidence that people are) then you will be glad to know that Ireland’s banks have agreed a new Protocol with MABS (the State-funded independent service for people in debt) to help customers to manage debt when under severe...

Mortgages in the recession – Q & A with an expert

I recently had a chance to pick the brains of Marketing Director of the Irish Mortgage Corporation, Frank Conway. I asked him a few questions that we have gotten in from our readers and he was kind enough to provide a reply. Thrifty Pages – Can a first time buyer still get a mortgage? Frank Conway...

When the panic starts – the Irish housing market in 2009?

“Panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works.”   John Stuart Mill  Photo by woodleywonderworks Much has been written about what way house prices have changed in the last year. I am...