John Lahart (Dublin South West, Fianna Fail)
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When I took out my mortgage many years ago interest rates were peaking at 14% or 15%, which frightened people and did not allow them any kind of life for a period. Mortgages at present are being taken out at the bottom of the market and at the lowest interest rates, for 20 or 25 years. What is the medium to long-term prospect for someone who may be three or four years into a mortgage now?