The European Central Bank (ECB) announced a cut to interest rates by a further 0.25 percentage points on Thursday January 30th 2025. The interest rate on the deposit facility will be cut to 2.75% . The main refinancing operations rate will be cut to 2.90% and the marginal lending facility will be decreased to 3.15%, […]
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In the Eurozone there are several interest rates which are set by the ECB.The rate that most people in Ireland on tracker mortgages are interested in is called the “main refinancing rate “. The refinancing rate is the rate at which the ECB lends money to commercial financial institutions like banks. It is this rate […]
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The first questions most people usually ask about getting a mortgage in Ireland are … Mortgage lenders in Ireland are governed by Central Bank Rules – see here. In general, the maximum that first-time buyers can borrow is 90% of the House value. This is known as Loan to Value or “LTV” . There are […]
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We always try to keep potential homebuyers or mortgage switchers up to date on the lowest mortgage rates available in Ireland.Carrying out a comparison of Irish mortgage interest rates is a bit easier in 2025 than it was a few years ago – because fewer lenders are operating in Ireland and a lot fewer mortgage […]
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Calculation of Mortgage Repayments We have carried out some mortgage payment calculations and worked out how much the monthly payments would be on different mortgage amounts taken out over 30 years using interest rates of 3.5% , 4% and 4.5% You can see the banks with the current lowest mortgage rates in Ireland here. Mortgage […]
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