Irish Independent: Irish households 80% wealthier than at recession low point, figures show


According to Trevor Grant of the Association of Irish Mortgage Advisers (AIMA), “While it’s great to see that the vast majority of people are out of negative equity, tens of thousands of standard variable-rate mortgage holders are significantly overpaying on their mortgage but are still reluctant to switch to lower rates, which in many cases is keeping rates high for a large number of existing mortgage-holders.”