Members of the IBA and PIBA recently voted to merge both organisations. The new organisation which represents both General Insurance and Financial Brokers is called Brokers Ireland. A new Brokers Ireland website will be launched shortly.
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News - PIBA in the News

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04
April

Consumer watchdog opposes new law to cap interest rates on variable mortgages

The Irish Independent - The State's consumer protection body has come out against moves by politicians to cap variable mortgage rates. The Competition and Consumer Protection Commission claims the Michael McGrath-sponsored bill will limit competition. It warns that banks will only lend to low-risk borrowers, the Irish Independent has learned....
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28
March

What would happen if interest rates went up by 3%?

The Irish Times - It’s a sign of growth, of economic activity driving inflation which, in turn, must be tempered by higher interest rates. But as the hawks start to circle on both sides of the Atlantic, the risks for Irish consumers are clear: higher rates could bring with them higher risks for the economy. The European Central Bank (ECB) has...
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13
January

Irish mortgage rates almost twice euro zone average

RTÉ - The average interest rate on new mortgages was 3.38% in November, which is almost double the equivalent euro zone rate of 1.72%. However, new figures from the Central Bank also show the Irish rate has fallen by 0.28% over the past year. In the year to the end of September 2016 variable mortgage rates dropped by 49 basis points to 3.47%,...
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