Exposure fears for borrowers
Borrowing is continuing to soar - with a record €2 billion in mortgages extended during June alone.
Borrowing is continuing to soar - with a record €2 billion in mortgages extended during June alone. Meanwhile, the economy is slowing , with the latest CSO figures showing that the annual growth rate slipped below 2.5 per cent in the first quarter. No wonder warnings from the Financial Regulator and the Central Bank about the dangers of over-borrowing are getting ever shriller.
The ironic thing is that there is little that either organisation can do about...
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