Genworth International Mortgage Trends Report 2011
Genworth Financial (Genworth) commissioned a survey in March 2011 of homebuyers and aspiring first homebuyers (FHBs) around the world in order to gain local market insight and drive global thought leadership across markets. In total, more than nine thousand respondents were interviewed from Australia, Canada, India, Ireland, Italy, Mexico, the United Kingdom (UK) and the United States (US).
Ireland country findings:
- The Irish Government has introduced austerity measures for the next four years in order to control spiraling debt
- Irish respondents had a generally negative perspective on the economy and their personal finances, with government measures a clear factor
- FHBs are making up an increased share of the mortgage market, following improved affordability.
