Banking
Mortgage drawdowns increased to €14bn last year, the highest level since 2008
Mortgage market grew to its highest level in over a decade, according to new figures from the Banking & Payments Federation of Ireland (BPFI)
The Irish mortgage market grew by more than a third last year to its highest level in over a decade, new figures published by the banking industry show.
Irish consumers drew down almost 53,000 mortgages in 2022 with a combined value of €14.1 billion, which is up 34 per cent on the previous year. This is the highest level for new mortgage drawdowns since 2008, according to the Banking & Payments Federation of Ireland (BPFI), ...