Mortgage rates at their lowest level in year and a half

Although Irish mortgage rates continue to inch lower, they're falling more slowly in Ireland compared to the rest of the Eurozone. There is now a half a percentage point gap between the average rate here in Ireland and the average rate in the Eurozone, which you'd hope isn't going to get any bigger.

A quarter-point cut is almost a given with a small chance of a bigger half-point cut. Either way, the ECB is likely to continue to cut rates into next year as long as inflation remains under control.

Read at Irish Independent