... Mortgage News

• Finneran defends home loan scheme

 The Minister for Housing has denied that the Government’s new home loan and equity schemes for those trying to get on the property ladder will put the State’s finances at further risk. Michael Finneran also denied that the measures were being taken to help builders to offload excess stock. He said they were purely designed to extend [...]

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• Housing firms offer new loan incentives

Two of the country’s leading property companies are offering home buyers interest-free loans in an attempt to stimulate activity in the housing market.Glenkerrin Homes and Radora will announce details today of the schemes to assist would-be buyers at key Dublin locations, including Stillorgan, Elm Park, Ballinteer and Palmerstown. Speaking on RTÉ Radio’s Morning Ireland, developer Ray [...]

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• Ireland’s new mortgages down 16% this year

THE VALUE of new mortgages advanced in the three months to June dropped 13 per cent, bringing the decline for the first half of this year to 16 per cent, new figures reveal. Tighter lending rules and declining demand amid falling property prices and higher bank funding costs have brought activity in the mortgage market in [...]

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