mortgage rates Archives - LSL Auctions News

mortgage rates

Mortgage rates rise ahead of pending ECB increases

Central Bank of Ireland figures from March 2022 show that mortgage rates in Ireland are among the most expensive in the Eurozone. That’s second only to Greece. Yet rates are starting to increase, ahead of a possible rise in European mortgage rates as early as July. A first-time buyer in Ireland will take out a mortgage of about EUR 270,000, paying EUR 176 extra per month or EUR 2,100 per…

Lower mortgage rates for some homeowners

Thousands of homeowners are unexpectedly eligible for lower mortgage rates. This is due to surging house prices over the last two years. The benefit will apply to around 90,000 homeowners who drew down their mortgages between the years 2018 and 2020, according to the Doddl.ie mortgage switching index. Martina Hennessy, Doddl.ie MD, says that, “With house prices increasing by over 10pc annually, opportunity is now knocking for those who have…