The Central Bank has left its key rules on mortgage lending unchanged and has also extended its relaxation of certain regulations on bank reserves into next year.
But the Governor of the Central Bank warned the situation facing the economy is still "very challenging" with "heightened uncertainty" over the implications of higher corporate and sovereign debt levels.
In its latest Financial Stability Review, the Central Bank lays out the case that its mortgage rules have helped improve the ability of both borrowers and lenders to withstand shocks like Covid-19.
The current rules restrict the loan to value limits on a mortgage to between 70 and 90% of the value of a property, while the loan to income rule is three and a half times salary.