Growth in mortgage approvals slows in May

The growth in mortgage approvals tailed off slightly last month despite an increase of more than 20% on an annual basis.

Growth in mortgage approvals slows in May
Tue, 30 Jun, 2015 - 01:00
Peter O’Dwyer

A total of 2,461 mortgages were approved in May, according to new figures released by the Banking and Payments Federation Ireland.

On a monthly basis, mortgage approvals climbed 4.6%.

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<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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