New mortgage loans down almost 60% (RTÉ News)
The volume of new lending for mortgages in Ireland more than halved last year compared with 2008. Almost 46,000 mortgage loans were drawn down in 2009, 58.5% fewer than in 2008. In value terms, the average mortgage issued last year fell back to 2005 levels.
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New mortgage loans down almost 60% (RTÉ News)
