The Central Bank of Ireland is set to relax its mortgage lending rules to allow prospective homeowners borrow up to four times their household income.
The move follows a comprehensive review carried out by the Central Bank of Ireland on its macroprudential rules which was first launched last year. Under the expected new rules, borrowers will be able to borrow up to four times their income – up from 3.5 times – but will ...
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.
Central Bank set to ease mortgage lending rulesThe Central Bank is expected to slightly relax its mortgage lending rules from tomorrow to allow house buyers to borrow up to 4 times their income from lenders Irish establishment answer to unaffordable housing: put people in yet more debt so that developer's pockets continue to be lined. Here we go again! Nobody learning from 2008, it was 2.5 time's then, Put people in so much debt, they'll never own it, but the Banksters will take it and still expect them to cover the excess for the rest of their lives, You'll Own Nothing But You Vill be Happy,
Source: rtenews - 🏆 1. / 99 Read more »
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Source: thejournal_ie - 🏆 32. / 50 Read more »
Source: IrishTimes - 🏆 3. / 98 Read more »