This Economic Letter analyses original interest-only mortgages in Ireland. While interest-only arrangements have been widely used as a means of temporary forbearance to deal with the current mortgage arrears crisis, mortgages were also originated on interest-only terms during the height of the...

An overhang relating to the pre-crisis property investment of Irish Small and Medium Enterprises has been identified as a potential drag on a recovery in employment, investment and output. This Letter aims to provide information from survey and loan-level data which can help to quantify the...