Variable mortgage rates offered by popular banks and lenders like AIB’s Haven and EBS have been a popular choice among customers in Ireland for years. However, recent reports suggest that both banks are set to increase their variable mortgage rates for selected customers. The news has caused concerns among homeowners and potential buyers who may … Read more
John FitzGerald, a respected economist and former head of the Economic and Social Research Institute, has recently made waves by calling on the Irish government to stop providing cost of living supports to families who don’t need them. In a new report, FitzGerald argues that these supports, such as child benefit payments and tax credits, … Read more
Inflation is a major economic concern that affects everyone from consumers to business owners. The good news is that according to recent data, inflation has slowed down in March, dipping to 7.7%. However, prices are still rising, indicating that inflation is not going away anytime soon. In this article, we will delve deeper into the … Read more
The global economy is facing a perilous phase as inflation becomes “much stickier,” warns the International Monetary Fund (IMF). With inflation rates picking up all over the world, the IMF is warning that the world’s economies are in danger of overheating. This marks a stark warning from the IMF, which has expressed growing concern about … Read more
As the cost of living continues to soar across the country, UK teachers are feeling the pinch. A recent study has highlighted the impact of soaring rents and living costs on the ability of teachers to make ends meet. Many are struggling to pay bills, with some even facing homelessness or being forced to rely … Read more
Inflation plays a critical role in shaping any economy, affecting the prices of goods and services, purchasing power, and interest rates. The concept of inflation refers to the increase in the prices of goods and services over a period. However, identifying inflation accurately is challenging, and economists rely on various methods to measure inflation. Recently, … Read more
As technology continues to advance, customers are presented with more options than ever before when it comes to banking services. However, a new report from the Economic and Social Research Institute (ESRI) has found that the majority of bank customers in Ireland are losing money by not switching to more beneficial accounts or services. In … Read more
Fur living in New York, residents have to dig particularly deep into their pockets compared to the rest of the world. A current survey by the financial service provider Smartasset has shown how low. The takeaway: Earning $100,000 feels like making just $36,000. In no other US metropolis can you do so little with your … Read more
The housing market has always been an integral part of the economy, and for many, the dream of homeownership remains a significant milestone. With so much focus on the escalating prices of homes in recent times, the affordability and accessibility of mortgages have become a topic of discussion. However, the latest data from mortgage lenders … Read more
Saving money in a bank is meant to be a reliable and secure way to store and save hard-earned funds. However, in recent years, Irish savers have been finding themselves caught in a frustrating position. With interest rates at historic lows, many savers are struggling to find ways to make their money grow while also … Read more