Tuesday March 31, 2020

Record surge of 20% in value of mortgages

The value of new mortgage lending continues to set record levels in recent weeks with some lenders recording growth rates of over 20 per cent, according to new figures from mortgage brokers.

1st October, 2005

The value of new mortgage lending continues to set record levels in recent weeks with some lenders recording growth rates of over 20 per cent, according to new figures from mortgage brokers.

The new record level for loans suggests that the Irish house market could see yet another spurt of growth and defy predictions that house prices could slow.

“Business volumes of all the lenders are talking about figures between 15 and 20 per cent in...

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