Mortgage debt down for first time in 18 years

Outstanding residential mortgage debt in Ireland has fallen for the first time since the Central Bank began compiling monthly statistics 18 years ago.

Mortgage debt down for first time in 18 years

Outstanding residential mortgage debt in Ireland has fallen for the first time since the Central Bank began compiling monthly statistics 18 years ago.

The bank says the value of such mortgages fell by €100m in April.

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