Your Questions: Should I use my pay increase to reduce my mortgage, or save it?

Your Questions: Should I use my pay increase to reduce my mortgage, or save it?

Posted on 12Aug

Charlie Weston

Question: I have just been promoted at work and got a pretty big pay increase. I am going to treat myself and the family to a holiday this year, as we have not been able to afford one since we bought our home two years ago. My wife thinks maybe we should throw an extra few euro on the mortgage each month, but I am not sure. Maybe we should just save it?

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Irish Examiner: “Making Cents: The step-by-step guide to securing a mortgage”

Posted on 06Aug

By Grainne McGuinnes,  August 05, 2019 Read More


Newstalk: Joey Sheahan, Head of Credit, MyMortgages.ie Talks to Newstalk’s Sinead Ryan

Posted on 06Aug

Mortgages was the hot topic for this evening’s Consumer Call  in with Sinead Ryan.

Karl Deeter from Irish Mortgage Brokers and Joey Sheahan from mymortgages.ie were on Sinead’s expert panel offering advice, and answering listener queries.

Check out the full podcast ‘Consumer Call In: Mortgages’ here:

https://www.newstalk.com/podcasts/consumer-corner-on-the-hard-shoulder/consumer-call-mortgages

MyMortgages Limited trading as MyMortgages.ie is regulated by the Central Bank of Ireland.


Sligo Weekender: “€8.9m of home sales in May amid call for help for buyers”

Posted on 01Aug

15/07/2019

There were 71 houses and apartments sold in Sligo in May, to a total value of €8.9m, but there has been a call for the government to extend the Help to Buy Scheme to help many who cannot afford to buy.

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Bray People: “Calls to extend Help to Buy Scheme”

Posted on 01Aug

31/07/2019

Calls have been made to extend the Help to Buy (HBT) scheme to include second-time property buyers in Wicklow.

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Irish Independent: Your Questions: Our son is off to college and we can’t get a grant. Can we borrow?

Posted on 29Jul

Charlie Weston 27.07.19

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Westmeath Independent: “Government urged to extend Help to Buy scheme”

Posted on 29Jul

27/07/19

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Dungarven Observer: “Calls for government to extend and expand Help to Buy Scheme”.

Posted on 29Jul

Irish Mirror: “Irish house prices rose at fastest rate since late 2018 in May, CSO reveals”

Posted on 15Jul

Pat Flanagan

However the market appears to be cooling down overall

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The Times: “Irish fork out €150 more each month on mortgages than Europeans”

Posted on 15Jul

Paul O’Donoghue

Irish consumers pay an average of more than €150 each month on their mortgages compared with their European peers because of high interest rates, an expert has said.

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