Menu
21/02/2008
Mortgage Growth Dives
The property slowdown is hitting home: according to new statistics, the growth in household mortgages last year was the lowest for 12 years.
The details are according to the latest assessment by the Central Bank.
It said that the value of outstanding mortgages at the end of 2007 was 13.4% higher than that at the end of 2006.
This compares to a 24.2% increase over the previous 12-month period - a significant fall that is thought to reflect overall trends in the rapidly cooling housing market.
(BMcC)
The details are according to the latest assessment by the Central Bank.
It said that the value of outstanding mortgages at the end of 2007 was 13.4% higher than that at the end of 2006.
This compares to a 24.2% increase over the previous 12-month period - a significant fall that is thought to reflect overall trends in the rapidly cooling housing market.
(BMcC)
Related Irish News Stories
Click here for the latest headlines.
18 January 2018
Tracker Mortgage Victims Deserve 'Real Answers'
Ulster Bank's tracker mortgage victims deserve real answers as to why they are being made to wait while other banks are further advanced with their redress and compensation schemes.
Tracker Mortgage Victims Deserve 'Real Answers'
Ulster Bank's tracker mortgage victims deserve real answers as to why they are being made to wait while other banks are further advanced with their redress and compensation schemes.
07 November 2017
Sinn Féin Launch Multi Party Action Bill 2017
Sinn Fein Justice spokesperson Donnchadh Ó Laoghaire TD has published the Multi Party Action Bill 2017 which, if enacted, would allow for multi party litigation for similar cases as those involved in the tracker mortgage scandal.
Sinn Féin Launch Multi Party Action Bill 2017
Sinn Fein Justice spokesperson Donnchadh Ó Laoghaire TD has published the Multi Party Action Bill 2017 which, if enacted, would allow for multi party litigation for similar cases as those involved in the tracker mortgage scandal.
03 March 2017
Fine Gael Accused Of Neglecting Homeowners In Mortgage Arrears
More measures are needed to ensure the full protection of the 2,000 homeowners that are in arrears but in receipt of the soon to be abolished, Mortgage Interest Supplement, Fianna Fáil TD and Chair of the Housing and Homelessness committee, John Curran.
Fine Gael Accused Of Neglecting Homeowners In Mortgage Arrears
More measures are needed to ensure the full protection of the 2,000 homeowners that are in arrears but in receipt of the soon to be abolished, Mortgage Interest Supplement, Fianna Fáil TD and Chair of the Housing and Homelessness committee, John Curran.
08 February 2017
Housing Minister Announces Mortgage-To-Rent Scheme Changes
A number of changes have been unveiled to the Mortgage-to-Rent Scheme by Minister for Housing, Planning, Community and Local Government, Simon Coveney.
Housing Minister Announces Mortgage-To-Rent Scheme Changes
A number of changes have been unveiled to the Mortgage-to-Rent Scheme by Minister for Housing, Planning, Community and Local Government, Simon Coveney.
11 March 2016
Mortgage Arrears Fall For 10th Consecutive Quarter
The latest figures from the Central Bank have revealed that mortgage arrears have decreased for the 10th consecutive quarter. According to the figures, there has been a 38% drop in arrears, which represents 54,000 plus mortgages, or €9.6 billion of mortgage debt.
Mortgage Arrears Fall For 10th Consecutive Quarter
The latest figures from the Central Bank have revealed that mortgage arrears have decreased for the 10th consecutive quarter. According to the figures, there has been a 38% drop in arrears, which represents 54,000 plus mortgages, or €9.6 billion of mortgage debt.
-
Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
