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Mortgage sector hit by 40% fall-off in second quarter

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Mortgage lending fell by 40 per cent in the second quarter of this year as the number of new mortgages drawn down slumped to 7,827, and the average loan size dropped to EUR 166,770, according to the latest Irish Banking Federation/PricewaterhouseCoopers (IBF/PwC) Mortgage Market Profile.

Read this news article on Irishtimes.com.


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