07/06/2025: The European Central Bank (ECB) has reduced interest rates by 0.25%, marking the eighth cut in a year. This brings the deposit rate to 2%, significantly lower than its September 2023 peak of 4%.

The refinance rate to which tracker mortgages are linked has now fallen to 2.15%. Tracker mortgage holders will see an immediate change in their interest rate, however, those with a variable rate mortgage may need to wait to see the benefit.

Homeowners on fixed rates will not see a change in their rates, although Ireland’s mortgage lenders often reduce their new mortgage rates in response to falling euro rates.

Ireland’s mortgage rates have hit a two-year low, although they remain among Europe’s most expensive.

09/06/2025: Eir has become the second broadband provider in Ireland to offer ultra-fast 5 Gigabit (Gb) fibre broadband, which is advertised to be 50 times as fast as standard broadband.

From 9 June, customers who were on 2Gb fibre plans will be automatically upgraded to 5Gb speeds at no additional cost.

This launch follows Eir’s introduction of Ireland’s first WiFi 7 system in February. This mesh network technology is designed to enhance in-home WiFi connectivity, delivering speeds twice as fast as WiFi 6.

Virgin Media was the first provider in Ireland to launch 5Gb broadband speeds.

13/05/2025: Mortgage lender Núa have dropped their three-year fixed mortgage rates by 0.25%, and five-year fixed rates by 0.10%.

These reductions apply to mortgages with loan-to-value ratios of between 60% and 70%.

The announcement comes following after the ECB cut interest rates by 0.25% in April — the seventh time since summer 2024. The ECB’s deposit rate now stands at 2.25%.

Núa is a non-bank lender and was founded in September 2021. It secured a licence from the Central Bank of Ireland during summer last year.

13/05/2025: Revolut has added RevPoints rewards to their credit card offering, meaning customers can now earn airline miles and other travel perks every time they spend on their credit card.

Debit card users in Ireland have been able to earn RevPoints on the majority of their transactions since the loyalty program’s introduction last June.

This new offering comes after Revolut’s credit card sales increased by 87% last year. The digital bank now claims to be Ireland’s top lender for new credit card sales.

08/05/2025: Virgin Media has today launched Ireland’s first ever 5-Gigabit fibre broadband plans and now offers the fastest speeds in Ireland. The introduction of 5Gbps broadband adds to Virgin Media’s existing offer of 500Mb, 1Gbps and 2Gbps speeds.

Not all premises on Virgin Media’s network will get 5Gbps speeds immediately, so use our eircode broadband checker to discover whether Virgin Media 5Gbps broadband is available near you.

07/05/2025: AIB, and subsidiaries Haven and EBS will cut their non-green mortgage rates from May 13th.

The news comes after the European Central Bank announced its seventh consecutive rate cut this month.

AIB’s two-year fixed rate for non-green mortgages will reduce by 0.75%, while other non-green fixed rates across Haven and EBS will fall by 0.5% (excluding the bank’s Higher Value 4-Year Fixed Rate).

There will be no changes to the group’s variable rates or green fixed rates.

01/04/2025: Avant Money has transitioned into a fully licensed Irish bank, and is operating as a branch of Bankinter Group, Spain’s fifth-largest bank.

The bank is now set to deliver a wider range of financial products to include current accounts alongside its existing mortgage, loans, and credit card services.

This expansion will strengthen Avant Money’s position in the Irish personal finance space, where it currently holds a 7% share of the mortgage market.