Honohan under fire from all sides on mortgage controls

First-time buyers may be allowed to breach 20% rule Central Bank governor says he is reluctant to change tack

25th January, 2015
Patrick Honohan, the Central Bank boss, will discuss new rules with officials next week Picture: Maura Hickey

Central Bank governor Patrick Honohan is due to meet with Department of Finance Secretary-General Derek Moran early this week for crunch talks on proposed mortgage lending curbs.

A Central Bank announcement on a package of measures to restrict mortgage lending is expected on Thursday, with a series of meetings scheduled in the coming days to hammer out the final details. They will discuss the issue at a meeting of the Central Bank Commission on Tueaday,...

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