Irish mortgage rates still third lowest in Europe despite hikes in recent months

Irish mortgage interest rates remain the third lowest in the Eurozone, despite the European Central Bank (ECB) beginning to raise them. The most recent rate increase, which brought the rate to 2.5% last Thursday, was one of many that the ECB has announced as part of its efforts to combat the inflation crisis. These increases … Read more

ECB to raise interest rates by further 0.75%

The European Central Bank’s (ECB) governing council meets today in Frankfurt, amid expectations that interest rates may be raised by another 0.75%. The ECB has already raised interest rates twice this year, by half a percentage point in July and three-quarters of a percentage point in September. Market experts broadly expect rates to be raised … Read more