Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
The Central Bank is encouraging banks to revert to 20-year mortgage loans, which are the traditional mortgage schedule. In terms of Dr. Bacon's recommendation to extend the schedule to 35 years, would such a measure enhance access to credit for purchasers?
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