Irish Independent
4 months agoBusiness
Mortgage rates hit a six-year high before price war broke out
Irish mortgage rates rose, with the average hitting 4.31%. Eurozone rates varied significantly, with Ireland ranking sixth highest.
Lenders in Ireland are cutting rates and offering incentives to attract customers, potentially due to an expected ECB rate cut.
There has been a slowdown in mortgage switching in Ireland, leading to a drop in the number of mortgages being taken out. [ more ]