Ireland's average mortgage rate rises to 4.27% in January, reaching the 7th highest in the Eurozone.
Ireland's average mortgage rate increased to 4.27% in January, up 8 basis points from the previous month and 134 basis points year-on-year. This puts Ireland at the seventh-highest mortgage rate in the Eurozone, despite speculation of up to four rate cuts from the European Central Bank. The rise in rates is putting pressure on new borrowers and those coming off fixed rates.
March 13, 2024
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