Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I thank Dr. Cassidy. That confirms my own thinking on the issue. The problem is that nearly all mortgages are the level now that the mortgage holder cannot pay any more and the next series of properties being built will be even more expensive, resulting in a total inability of the householder to fund any increase in their mortgage at all. My question that follows on from that is what action, if any, can be taken to dissuade people, those in the appropriate section, from increasing interest rates?