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Wednesday 4 October 2023 Dublin: 16°C

# Mortgage Rates

This year
2023
Irish mortgage rates rise above eurozone average with further increases likely
The average interest rate for a new mortgage in Ireland was 3.84% in May, up from 3.63% in April.
AIB Group increases mortgage rates in response to ECB hikes
Fixed rates will increase by between 0.15% and 0.70%, effective from tomorrow
Analysis: 'A number of variable mortgage holders are now looking vulnerable to rate hikes'
Mark Coan of moneysherpa has some advice for those on variable or short term fixed rates.
Financial advisor: Another ECB hike has been imposed - what should mortgage holders do?
Kieran McAuliffe of Provest looks at today’s ECB increase in interest rates – the seventh in a row – and has some advice for mortgage holders.
Bank of Ireland increases on fixed mortgage rates to take effect from today
The bank’s fixed mortgage rates for new and existing customers will increase by 0.5%.
Permanent TSB announces rate increases for new fixed rate mortgages
The hike in mortgage rates follows interest rate changes by the European Central Bank.
Last year
2022
Permanent TSB becomes latest bank to raise interest on fixed rate mortgages
The increases will range from 0.05% to 0.9% depending on a range of factors.
All time
Banking review to assess mortgage pricing, savings rates and bankers' pay
The review will also assess submissions on the salary cap for bankers.
April figures show a drop of over 40% in mortgage approvals being granted in Ireland
In total, 2,200 mortgages were approved in April.
Central Bank says 35-45 year olds who bought homes in the boom will be most impacted if tracker rates rise
Despite Brexit, the Central Bank believes workers are in line for pay increases of up to 7% over the next two years.
'Doing it arseways': Pearse Doherty on plans to review Help-to-Buy scheme after its introduction
The TD said it doesn’t make any sense that the review would be done after the scheme’s implementation.
This bill might reduce your mortgage rate and be the government's first defeat
The new bill, if passed, will see the Central Bank get new powers to cap mortgage interest rates.
6 things you'll always* hear in a taxi in Ireland
*Well, almost always.
The courts have backed the banks on high mortgage rates
Lenders have been accused of “changing the goal posts against the consumer” on variable mortgages.
AIB's new boss has a long year ahead of him
The state-owned bank has announced its replacement CEO.
Will this man finally get tough with banks if they don't drop mortgage rates?
The Finance Minister has been meeting with lenders.
If the banks continue to 'gouge' mortgage-holders, maybe it's time to gouge them back...
AIB aside, Ireland’s main banks have refused to drop their rates despite record numbers of mortgages being in trouble.
Hoping for a mortgage rate cut from one of these banks? Sorry, not happening
They’re not giving much away, this mob.
Permanent TSB won't cut rates on mortgages - it wants to boost profits from them instead
The bank is about to go on a fundraising drive.
Our banks are making homeowners 'pay way over the odds'
Interest rates in Ireland are way out of step with the rest of Europe.
Increase in AIB's mortgage interest rates takes effect today
The 0.4 per cent increase in the standard variable rate, from 4.0 to 4.4pc, had been announced in late April.
Permanent TSB to overhaul mortgage interest rates for new customers
From this week, interest rates will vary for new customers depending on the amount they borrow and the value of the house.
AIB, EBS and Haven variable rate mortgages to increase from June
The rate increases vary from 0.25 per cent to 0.4 per cent.
Permanent TSB to announce branch closures within days
Reports on Monday suggested that Ireland will see one in every four of its bank branches shut within two years.
New Permanent TSB chief executive promises to review mortgage rates
The lender had been criticised for keeping its variable mortgage rates higher than other state-owned mortgage lenders.
Permanent TSB to cut 250 to 350 jobs
The mortgage lender will shed a large proportion of its 1,900-strong workforce – while preparing to raise mortgage interest rates.
Time for transparency on mortgage rates
Financial Regulator calls for clarity on tracker mortgages.
Varadkar condemns AIB staff perk scheme
Fine Gael TD says AIB “still thinks it’s in the Celtic tiger-era.”
AIB raises mortgage rates - again
Bank joins growing list of lenders which have raised rates at least twice this year.