Browsing: mortgage rates

Mortgage switching activity in Ireland has risen sharply as homeowners look for more competitive interest rates and reassess their borrowing costs. New figures from Banking & Payments Federation Ireland (BPFI) show that the value of mortgage switching and re-mortgaging approvals reached €285 million in July 2026, an increase of 81.1% on the same month last

Irish mortgage borrowers are facing higher borrowing costs after the European Central Bank raised its key interest rates for the second time in 2026. The ECB increased its deposit facility rate by 0.25 percentage points to 2.50% on 10 September, while the main refinancing rate rose to 2.65%. The decision came as the central bank