Oireachtas Joint and Select Committees

Wednesday, 27 September 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Banking Issues: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Yes, but that is not what Mr. Hayes said. New mortgages are a small proportion of the overall mortgage market. The comments, which are running on RTÉ today, are that banks here passed through the second lowest increase in mortgage interest rates between May 2022 and July 2023. I want to dig into that because that is not accurate. It is actually-----

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