Homeowners await news of the prospect of keeping their homes, says Special Correspondent Michael Clifford.

Households struggling with mortgage debt are being advised to reach out and get free professional advice, as research shows two-thirds of borrowers are unaware of free support services.

Finance Minister Michael Noonan has announced details of the new package to help first time buyers who purchase new homes up to the value of €600,000 Writes Irish Examiner Political reporter Elaine Loughlin.

The Union of Students in Ireland are urging homeowners to consider renting digs to third level students.

Some of those surveyed by KBC Bank said the need for more space, or to accommodate a growing family, was the main reason for moving.

Homeowners are facing significant property tax hikes, particularly those living in apartments, as the recovery in the market continues.