New mortgages down 40%

There was a fall of almost 40% in the number of new mortgages issued in the second quarter of 2010, compared to the same time last year.

Mon, 23 Aug, 2010 - 13:24

There was a fall of almost 40% in the number of new mortgages issued in the second quarter of 2010, compared to the same time last year.

The latest Irish Banking Federation/Pricewaterhouse Coopers mortgage market profile shows just under 8,000 home loans were drawn down during April, May and June.

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