07/01/2026
📈 Mortgage Market Update - What’s Happening and What It Means for Homebuyers
The latest Irish Times article highlights how ICS Mortgages has increased fixed mortgage rates amid rising market funding costs and expectations of future ECB rate moves. It’s an important reminder of how quickly market conditions can shift and why expert insight matters right now.
In the piece, our Director Joey Sheahan is quoted, offering valuable perspective on the current landscape and its impact on borrowers - a testament to the depth of understanding we bring to our clients.
📍 Why this matters:
• Fixed mortgage rates have been adjusted upwards by up to 0.45% for non bank lenders - a decision influenced by market funding pressures. The Irish Times
• This move doesn’t necessarily mean widespread hikes across the board, but it does highlight the importance of planning and professional guidance in today’s market.
• Whether you’re considering a new mortgage or reviewing your existing rate, staying informed is key.
If you’re navigating the current market and wondering how these developments might affect your plans - Joey and our team are here to help. Feel free to reach out or share your thoughts below!
🔗 Read the full article:
https://www.irishtimes.com/business/2026/01/06/ics-mortgages-raises-fixed-rates-as-ecb-hike-fears-pushes-up-market-funding/
Non-bank lenders are highly exposed to fluctuations in market funding costs
