{"id":388342,"date":"2026-04-08T16:16:08","date_gmt":"2026-04-08T16:16:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/388342\/"},"modified":"2026-04-08T16:16:08","modified_gmt":"2026-04-08T16:16:08","slug":"irish-mortgage-rates-inch-higher-in-february","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/388342\/","title":{"rendered":"Irish mortgage rates inch higher in February"},"content":{"rendered":"<p>New figures from the Central Bank said the weighted average interest rate on new Irish mortgages at the end of February rose slightly to 3.51%, up from 3.5% in January and down 28 basis points from the same month last year.<\/p>\n<p>Today&#8217;s figures show that the equivalent euro area average was 3.41%.<\/p>\n<p>The Central Bank noted that the weighted average rate in Ireland exceeded the euro area average by 10 basis points &#8211; the smallest difference since November 2023.<\/p>\n<p>Irish mortgage rates are now the seventh highest in the euro area.<\/p>\n<p>Latvia had the highest average new mortgage rates in January with a rate of 3.92%, followed by Estonia and Germany at 3.78%.<\/p>\n<p>Malta continued to have the lowest rate at 1.96%, followed by Bulgaria at 2.44% and Spain with an average mortgage rate of 2.76%.<\/p>\n<p>The Central Bank said the weighted average interest rate on new fixed rate mortgage agreements, which constitute 91% of the volume of new mortgage deals, was 3.46% in February, 2 basis points higher than the previous month and down 14 basis points from the same time last year. <\/p>\n<p>Meanwhile, the weighted average interest rate on new variable rate mortgage agreements was 4.09% in February, unchanged from January and 33 basis points lower in annual terms. <\/p>\n<p><img decoding=\"async\" alt=\"Graph depicting euro zone mortgage rates from the Central Bank\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/04\/00242e96-614.jpg\"\/><\/p>\n<p>The total volume of pure new mortgage agreements increased to \u20ac792m in February, 2% higher than the same time last year.<\/p>\n","protected":false},"excerpt":{"rendered":"New figures from the Central Bank said the weighted average interest rate on new Irish mortgages at the&hellip;\n","protected":false},"author":2,"featured_media":388343,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":{"0":"post-388342","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-ie","11":"tag-ireland"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/388342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=388342"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/388342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/388343"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=388342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=388342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=388342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}