Cowen issues warning as mortgage lending tops €100bn

The Minister for Finance Brian Cowen has urged people to be careful about making investments after mortgage lending topped €100bn for the first time.

Cowen issues warning as mortgage lending tops €100bn
Sat, 29 Apr, 2006 - 16:27

The Minister for Finance Brian Cowen has urged people to be careful about making investments after mortgage lending topped €100bn for the first time.

However, the Irish League of Credit Unions wants the Government to change the law so that lending can be increased over five- and 10-year periods.

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