Mortgage lending growth continues to slow

Updated: 12:24, Friday, 30 November 2007

Growth in mortgage borrowing has declined from 23% in January to 15% in October.

1 of 1Housing - Mortgage rates reflect slowdown
Housing - Mortgage rates reflect slowdown

The figures from the Central Bank reflect the continuing slowdown in the housing market.

Mortgage borrowing growth rates have declined by one point per month since the beginning of the year.

The total amount of outstanding residential home loans is €137 billion.

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