Mortgage drawdowns increased to €14bn last year, the highest level since 2008

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The Irish mortgage market grew by more than a third last year to its highest level in over a decade, new figures published by the banking industry show

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Irish consumers drew down almost 53,000 mortgages in 2022 with a combined value of €14.1 billion, which is up 34 per cent on the previous year. This is the highest level for new mortgage drawdowns since 2008, according to the Banking & Payments Federation of Ireland , ...

 

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The gangster in the pic looking forward to defaults. 🙄

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