Current mortgage rules are 'too blunt' and should be changed - PII | Newstalk

  • 📰 NewstalkFM
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 55%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Property Industry Ireland says it believes mortgage rules should be changed to a new policy that would be “much more flexible in the face of changing interest rates”. TheHardShoulder

Current mortgage rules are 'too blunt' and should be changed - PIIHe said: “While [the rules] are an important part of the policy frameworks, they were introduced in 2015. The environment has changed - the interest rates have come down significantly… and we now also have the credit register.

PII says a debt service ratio "calculates how much a household has available to spend after taxes and other loan repayments are taken into account".

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TheHardShoulder And rents should be capped at double the morgage

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mortgage lending rules need to be amended, PII saysThe design and calibration of the mortgage lending rules need to be amended, an organisation representing the property industry here has argued. Looking for logo design, business card design, stationery design, flyer design, poster design, social media cover design, etc more info/order now:
Source: RTEbusiness - 🏆 16. / 61 Read more »

Central Bank’s mortgage rules need to be replaced - Ibec groupCentral Bank’s mortgage rules need to be replaced - Ibec group via IrishTimesBiz You just know they'd come back with this shite anything literally anything other than affordable housing. IBEC have done more damage to this country and its people than any terrorist organisation. This type of thinking is extremely damaging to society. Obviously if the CB relax rules then the cost of housing will shoot up. For evidence see ANY demand side schemes. You shouldn't let this group have the exposure on your platform no matter how much they pay. Have some ethics!
Source: IrishTimesBiz - 🏆 6. / 77 Read more »