Finance Minister backs Central Bank mortgage rules

The Finance Minister Michael Noonan has again backed the Central Bank mortgage rules, saying that earlier this year it "looked a bit scary" that another housing bubble was starting.

Finance Minister backs Central Bank mortgage rules

The Finance Minister Michael Noonan has again backed the Central Bank mortgage rules, saying that earlier this year it "looked a bit scary" that another housing bubble was starting.

The rules mean those wanting to buy a house must come up with a deposit of 20% of the value.

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