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New variable rate mortgages accounted for more than two thirds of all new agreements in the past year, whereas the equivalent euro area share for variable rate mortgages is below 25%

Mortgage rates almost double euro zone average

The average interest rate on new mortgages in Ireland fell by 0.32% to 3.38% in the year to October, but is still almost double the average euro zone rate of 1.74%.

Business • 09 Dec 16

KBC Bank Ireland said the rate cuts vary depending on the mortgage amount relative to the value of the home

KBC Bank Ireland cuts fixed and variable rates

KBC Bank Ireland has announced that it will cut a range of fixed and variable mortgage rates from next month.

Business • 26 Oct 16

Haven to introduce a €2,000 contribution towards fees for customers who switch mortgages to them

Haven reduces mortgage rates again

Haven, AIB's mortgage broker, has announced a cut in its standard variable mortgage rate for both new and existing customers.

Business • 29 Jun 16

The same bill was decisively voted down by the last government

Dáil passes mortgage rates bill without vote

A bill proposed by Fianna Fáil to tackle high variable mortgage interest rates has been passed in the Dáil without a vote.

Business • 19 May 16

AIB's last rate cut was announced last month and will take effect on 1 October

Noonan discusses mortgage rates with AIB

AIB chief executive Bernard Byrne has said the bank has cut rates on its standard variable mortgages three times in the past ten months.

News • 14 Sep 15

AIB has cut mortgage interest rates on three occasions in the past ten month

AIB extends no fees banking to mortgage customers

AIB is expected to announce today that it will waive fees on accounts from which a mortgage is paid by direct debit.

Business • 07 Sep 15

The report states that continued pressure on the banks to cut rates may undermine financial sector stability

Banks should be given 'leeway' on mortgage rates

A draft report by the European Commission, seen by RTÉ News, has stated that it is important to allow Irish banks sufficient leeway in setting mortgage interest rates.

News • 08 Jul 15

Senator Feargal Quinn says bill would give the Finance Minister a 'powerful weapon'

New mortgage bill proposed by Feargal Quinn

Independent Senator Feargal Quinn has said a bill he has drawn up to allow the Central Bank to direct banks to reduce their rates on variable mortgages, would give the Finance Minister a "powerful weapon."

Business • 18 May 15

David Duffy will tell an Oireachtas committee default rates mean it is more risky for banks to lend in Ireland

AIB will not rule out rate cut but defends stance

AIB will defend its policy on standard variable rate mortgages but will not rule out a rate cut when it appears before the Oireachtas Finance Committee tomorrow.

News • 21 Apr 15

Permanent TSB is seeking to sell €400m of equity and €125m of additional Tier 1 bonds to shore up its capital

Rate pressures and 'Brexit' pose risks for PTSB

Permanent TSB Group Holdings has warned potential investors that a return to profit may be at risk from political pressure to cut interest rates and an UK exit from the European Union.

Business • 21 Apr 15

Michael Noonan (R) is due to meet Patrick Honohan (L) tomorrow

Noonan to meet Honohan to discuss mortgage rates

Minister for Finance Michael Noonan is due to meet the Governor of the Central Bank Patrick Honohan tomorrow regarding standard variable rate mortgages.

News • 01 Apr 15