Average mortgage loan now exceeds 300,000 euros in Ireland

DUBLIN, Ireland: Mortgage lending for home purchases hit a new milestone last year, with the average loan surpassing 300,000 euros, according to the latest quarterly report by MyHome.ie.

The report revealed the average residential mortgage loan reached 308,200 euros in the third quarter, up seven percent year-on-year. In October, the average mortgage approval climbed to a record 321,000 euros, reflecting an 8 pe