Mortgage Numbers Increasing

The number of mortgage approvals is up 62 per cent since 2016

New mortgage approvals in Ireland rose 62% during the 12 months between March 2016 and  March 2017. These figure were released by the Banking & Payments Federation Ireland (BPFI).

The BPFI Mortgage Approvals Report shows that 3218 mortgages were approved during Jan Feb and March 2017 .

The number of mortgages approved rose by 62.1 per cent year-on-year and by 13.3 per cent month-on-month.

The value of mortgages approved per month, on average, in the three months ending March 2017 was €664 million – a rise of  77.5 per cent  compared with theh same period in 2016

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