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The Central Bank Will Not Be C...

Coronavirus

The Central Bank Will Not Be Changing Its Mortgage Lending Rules For Next Year

Rebecca Noonan
Rebecca Noonan

02:24 26 Nov 2020


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Its Financial Stability Review says the current measures, which limit first time buyers to lending 3 and a half times their income, are meeting their objectives

The review has also found the mortgage lending rules mean banks were in a better position going into the Covid-19 shock than the previous financial crisis.

Central Bank Governor Gabriel Makhlouf says any changes may lead to house prices increasing:

The Central Bank Will Not Be Changing Its Mortgage Lending Rules For Next Year

00:00:00 / 00:00:00

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