News | Latest Breaking News Stories & Headlines

Mortgage interest rates fall slightly in June

The average interest rate on new mortgages in Ireland fell slightly in June, according to new figures from the Central Bank.

Business • 13 Aug

Lenders banking on customer apathy on mortgage rates

The latest doddl.ie Mortgage Switching Index suggests that thousands of mortgage holders on variable rates could be paying over 2.25 percentage points more than necessary.

Business • 11 Aug

The average Irish mortgage rate for May was 3.66%, down slightly on the April rate of 3.72%, new Central Bank figures show

Mortgage interest rates fall to over two year low in May

Irish mortgage interest rates fell to their lowest rate in over two years in May, according to new figures from the Central Bank.

Business • 09 Jul

ICS Mortgages is to cut its variable and fixed mortgage rates from next month

ICS Mortgages cuts its mortgages rates

ICS Mortgages has today announced cuts in its variable and fixed mortgage rates and the launch of a new feature designed to provide greater financial flexibility for owner occupier borrowers.

Business • 17 Apr

People taking mortgages in Ireland are paying an average of 3.79% compared to 3.33% in other countries which use the euro, new Central Bank figures show

Irish mortgage rates fifth most expensive in euro zone

The interest rate on new mortgages offered by banks are half a percentage point lower than they were a year ago, according to new data from the Central Bank.

Business • 09 Apr

Brian Lande, Head of Mortgages for Avant Money

Avant Money launches mortgage rate linked to Euribor rate

Avant Money has announced its newest mortgage product - the Flex Mortgage - a variable rate mortgage with rates starting from 3.31%.

Business • 19 Mar

Irish mortgages edge higher in January despite ECB cuts

New figures from the Central Bank show that the average interest rate on new Irish mortgages rose to 3.82% in January from 3.8% in December despite recent rate cuts from the European Central Bank.

Business • 12 Mar

Pepper said the decision to cut its rates follows the recent rate reductions announced by the European Central Bank

Pepper Advantage Ireland to cut variable mortgage rates

Credit servicing firm Pepper Advantage Ireland has today announced further variable rate mortgage decreases for about 10,500 customers.

Business • 20 Feb

The average interest rate on new Irish mortgages in December fell to 3.8%, down from 3.97% in November, new Central Bank figures show

Irish mortgage rates at lowest level since April 2023

New figures from the Central Bank show that the average interest rate on new Irish mortgages in December fell to 3.8% - the lowest rate since April 2023 - and down from 3.97% in November.

Business • 12 Feb

ICS said the latest mortgage rat cuts reflects its commitment to introduce new rate offerings which deliver value to customers

ICS Mortgages to cut variable mortgage rates in February

ICS Mortgages has announced cuts to its variable rate mortgage products after the European Central Bank cut interest rates by 0.25% today.

Business • 12 Dec 24

Pepper Advantage is to cut variable mortgage rates for more than 9,000 residential mortgage customers

Pepper Advantage to cut variable rates for some customers

Credit servicing firm Pepper Advantage is to cut variable mortgage rates over the coming days for more than 9,000 residential mortgage customers.

Business • 15 Oct 24

The average cost of a new mortgage in Ireland remains the sixth highest in the euro area, new Central Bank figures show today

Mortgage rates unchanged for third consecutive month

The average interest rate on new Irish mortgages remained unchanged for the third month running in August at 4.11%, new figures from the Central Bank shows today.

Business • 11 Oct 24

More lenders are cutting mortgage rates after the ECB made its second rate cut recently

AIB and ICS announce more mortgage rate cuts

AIB and ICS Mortgages have both announced cuts to some of their mortgage interest rates after the European Central Bank recently announced a second reduction this year in its key lending rates.

Business • 26 Sep 24

AIB said its four-year fixed mortgage rate has proved popular with customers seeking the security of a fixed rate

AIB cuts 4 year fixed rate for loans of €250,000 or more

AIB is reducing its four-year fixed mortgage rate for customers borrowing €250,000 or more by 0.25% from July 3.

Business • 26 Jun 24

ICS is to extend repayment periods for borrowers up to the age of 80 where the applicant can demonstrate that they have income to cover repayments

ICS Mortgages to cut mortgage rates for home owners

ICS Mortgages is to cut its three and five year fixed rates for owner occupiers by half a percentage point from the start of next month.

Business • 22 May 24

The euro zone average mortgage fell for the third month in a row to 3.91% in February, but Irish rates rose slightly

Irish mortgage rates edge higher in February

New figures from the Central Bank show that average mortgage rates in Ireland rose to 4.29% in February from 4.27% in January.

Business • 10 Apr 24

China's central bank has cut a key benchmark lending rate used to price mortgages in an effort to kickstart its housing market

China cuts key mortgage rate to boost economy

China's central bank has today cut a key benchmark lending rate used to price mortgages, as Beijing seeks to rescue its housing market from a deepening crisis and boost flagging growth in the country's economy.

Business • 20 Feb 24

Mortgage holders with non-bank lenders pay higher rates

The average Interest rate charged on new mortgages in Ireland was 1.5% higher in December than in the same month a year earlier, according to the latest data from the Central Bank.

Business • 15 Feb 24

Lack of homes for sale gives UK prices surprise boost

British house prices unexpectedly rose by almost 1% in October but the increase was due more to a lack of homes for sale than a turnaround in the market which has been hit by a jump in borrowing costs, mortgage lender Nationwide said.

Business • 01 Nov 23