Our Blog
03
Jul 14

Should you use a mortgage broker?

A DIY mortgage is a bit like selling a house without an estate agent.   You can do it, but it is a-lot easier using the services of a professional who does it every day and understands the ins and outs of the process. The bureaucracy and paperwork can be daunting but the good news […]

12
Jun 14

New Car Sales Statistics June 2014

New car sales up 6% in May; sales up 24% for the year New car sales continue to grow in 2014 with May seeing a 6% increase on May last year. So far this year, 64,031 new cars have been sold, an increase of 12,481 on 2013

09
Jun 14

ECB takes unprecedented action

  ECB President Mario Draghi last week became the first major central banker to cut a key interest rate below zero. He announced a cut in the main refinancing rate from .25% to .15% and from zero to -.1% in the deposit rate that is offered to banks. In addition he also confirmed that the […]

03
Jun 14

Life insurance cost comparison survey

A recent survey published by the National Consumer Agency reveals potential savings of up to €7,509 on term life insurance and €6,841 on mortgage protection insurance. The comparison shows that age, occupation and lifestyle are now bigger factors in the cost of life insurance, while smokers pay on average, approximately 90% more for their life […]

27
May 14

House Purchase V Rent

A recent rental report covering the last quarter in 2013 showed the average rent nationally was €865 per month, up 7.1 per cent on the same quarter in 2012.This is higher than the repayment on an average first time buyer mortgage. Buying a house seems daunting but the rewards are clear. If you buy now […]

26
May 14

What is guaranteed mortgage protection cover?

Guaranteed Mortgage Protection: It is a life assurance plan. It helps pay off your mortgage in the event of your death. It helps secure the ownership of your home and protect your family from a substantial financial burden if you die. The amount paid out depends on when you die during the term of the […]

26
May 14

Global Equities

Global equities pushed strongly ahead last week with the world index (in euro terms) hitting a new all-time high on Friday. International money flows continue to favour European equities although economic confidence in the euro area has receded following the publication of some weaker data. Global industrial confidence, however, has generally improved owing to upside […]

26
May 14

ECB: Will they or won’t they?

ECB Executive Board member Benoit Coeure was quoted late last week as saying that the ECB have a range of options to consider and that “negative interest rates are among them”. The effect of such action would be to charge banks for depositing funds with the ECB and faced with such a prospect it is […]

14
Jan 14

Irish Equities – January 2014 Overview

The Irish market rose strongly with the country successfully returning to the bond market after completing its bailout last month. €3.75 billion was raised in 10-year bonds, with offers of €14 billion coming in. This helped push European borrowing costs lower, helping lenders in the region.

07
Nov 13

The European Central Bank cut interest rates

The European Central Bank cut interest rates by a quarter of a percentage point, taking markets by surprise and providing a welcome boost to home-owners across the euro zone. The 0.25 per cent drop now brings interest rates to a record low of 0.25 per cent “We may experience a prolonged period of low inflation […]