Compare Ireland’s mortgage interest rates

18/11/2025: Non-bank lender MoCo is cutting its fixed rates for new customers by 0.15%

The revised rates will take effect for three and five year fixed-term mortgages from 18 November. The reductions will apply to all new applications and any active applications awaiting drawdown.

Following the cuts, three and five-year fixed rates will start from 3.45%, with a rate of 3.80% for loan-to-values (LTVs) over 80%.

24/10/2025: More first-time buyers are getting on the property ladder than at any point since records began, according to new figures from the Banking & Payments Federation Ireland (BPFI).

Over 27,000 first-time buyer mortgages were drawn down in the year to September – the highest annual figure ever recorded.

First-time buyers made up the majority of all new mortgages, showing that demand from those entering the market for the first time remains strong.

The number of people switching or re-mortgaging also jumped sharply, up more than a third compared with 2024.

There’s also been a clear rise in interest in newly built homes, with lending for new properties – including self-builds – hitting €1.21 billion, the highest level since 2007.

For those hoping to buy in the coming months, the latest data shows that competition for homes - especially new builds- remains strong.

23/10/2025: AIB has announced rate reductions as high as 0.65% on its non-green fixed mortgage rates, effective 24 October for both new and existing customers. Green mortgage rates will remain the same.

Other lenders within the AIB group - EBS and Haven - are also reducing their rates by up to 0.35%.

Those on AIB’s one and five-year fixed rate for non-green mortgages will see a reduction of 0.65%, while its other non-green fixed rate mortgages have also been lowered. The bank estimates these reductions will benefit over 10,000 mortgage holders.

07/10/2025: Ireland’s Budget 2026 extended key housing supports to tackle housing cost pressures. The Rent Tax Credit, worth up to €1,000 for individuals and €2,000 for couples, is being extended for three years until the end of 2028.

For homeowners, the temporary Mortgage Interest Tax Credit is also extended for a further two years to 2027. However, the relief rate will be reduced in the final year. The extensions aim to provide certainty for renters and mortgage holders.

Other housing measures - worth €5bn - include a VAT cut on completed apartments to 9% until 2030, and a new Derelict Property Tax to incentivise building and access to more affordable housing.

12/09/2025: Ireland is still the seventh most expensive country in the euro area for new mortgages, with Central Bank data showing the average rate at 3.6% in July – unchanged from June.

While the rate is down 0.51 percentage points compared with July 2024, the euro area average stood lower at 3.3%. Latvia had the highest average rate at 4.16%, while Malta offered the lowest at 1.76%.

The average interest rate on new fixed-rate mortgages in Ireland was 3.52%, with variable mortgages at 4.09%. Fixed-rate loans accounted for 86% of new mortgages in July, up sharply from 69% a year earlier - the highest share since August 2023.

Industry experts warned the static rates could signal the end of recent downward trends. Mortgage adviser Fiona McMahon of NFP Ireland said there may be “a limit to how far rates can fall”, while Len Bird of Nua Money warned the ECB could even hike rates if inflation rises.

New mortgage agreements totalled €1.2 billion in July, up 19% year-on-year. Renegotiated mortgages reached €313 million, with fixed rates averaging 3.47%.

Consumers are being urged to review their mortgage options, as switching lender or moving to a lower fixed rate could help offset higher borrowing costs.