Potential home buyers could press pause
With the Central Bank working on a review of its strict mortgage lending rules, some borrowers are holding off on their mortgage applications
The mortgage market is still trying to get to grips with strict lending rules introduced just over a year ago.
And now, with the Central Bank working on a review of the rules, there’s a fear that some borrowers may press pause on their mortgage applications – further slowing an already languid market.
Early last year, before the rules kicked in, first-time buyers rushed to get into the market ahead of the lending...
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