Mortgage rates fall to lowest in nearly three years as experts note ‘wide variance’ between offerings. The equivalent euro zone average rate was 3.33 per cent, the regulator said, making Ireland the sixth most expensive country for home loans in the bloc. The difference between the average mortgage rate in Ireland and the euro zone average, however, is the smallest since December 2023. Daragh Cassidy of mortgage comparison site Bonkers said it is “unlikely mortgage rates will change much over the coming months” but that the expected entry of Revolut into the Irish mortgage market “could push rates down a bit” depending on how competitive it is. He said there is “wide variation” in market offerings and a “big difference” between lenders such as Avant Money and mortgages from familiar names like AIB and PTSB on variable rate mortgages.

Source: The Irish Times January 15, 2026 08:04 UTC