Friday April 10, 2020

Central Bank should move slowly on mortgage plans

14th January, 2015

The politicians are objecting. The bankers are concerned. The property industry is aghast. But will this chorus of disapproval have any impact upon the mood of the Central Bank and its governor, the independently-minded Patrick Honohan?

In the coming weeks, the Central Bank will finally announce whether it intends to implement, amend or drop proposed new rules that would tighten up mortgage rules by demanding deposits of up to 20 per cent.

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