Historic Mortgage Rates in Ireland

Mortgage interest rates for some homeowners in Ireland have never been as low as they are now – especially those who managed to get a tracker mortgage. With the ECB rate at zero – some people are on still on tracker mortgages with rates as low as 0.5% .

The banks are no longer offering trackers to new customers – and probably wish they never had.


If you are thinking of buying a house  – take a look at our regularly updated tables of the lowest mortgage rates available in Ireland.


Here is a list of the historic mortgage rates in Ireland going back over the past 30 years. They make interesting-  if scary reading.
What would happen if interest rates ever got as high as 16.25% again – (that’s what they were sometime in 1982).

Irish Mortgage Interest Rates since 1975

The highest rate reached  in each year is shown  below –  based on the average rates of “representative building societies” from the Central Bank and the CSO

YearHighest Mortgage Interest Rate
197512.5%
197613.95%
197713.96%
197814.15%
197914.15%
198014.15%
198116.25%
198216.25%
198313%
198411.75%
198513%
198612.5%
198712.5%
19889.25%
198911.4%
199012.37%
199111.95%
199213.99%
199313.99%
19947.49%
19957.00%
19966.75%
19976.9%
19985.85%
19995.6%
20006.09%
20016.9%
20024.7%
20034.2%
20043.49%
20053.65%
20064.86%
20075.46%
20085.86%
20094.16%
20104.02%
20114.42%
20124.33%
21034.38%
20144.2%
20154.05%
20163.61%
20173.44%
20183.21%
20193.02%
20202.92%
20212.8%
Historic Mortgage Rates in Ireland 1975 to 2020


Historic Mortgage Rates Ireland 1980 to 2019

ref    : www.cso.ie/