First-time buyers have incurred 30,000 euros more debt in just twelve months

Rising house prices and pressure on the cost of living are forcing buyers to borrow more to secure a home while their purchasing power is exhausted.

According to figures from the Banking and Payments Federation, the average first-time buyer mortgage in June was €263,000.

https://www.independent.ie/business/personal-finance/property-mortgages/first-time-buyers-forced-30000-more-into-debt-in-just-twelve-months-41866833.html First-time buyers have incurred 30,000 euros more debt in just twelve months

Fry Electronics Team

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