Irish mortgage rates remained near a record low in December and ranked third lowest in Europe, according to the Central Bank.
However the impact of recent ECB rate rises is finally beginning to show up in the Irish figures, following a rise to 2.69% from 2.57% between November and December.
However the 0.12 percentage point increase was still smaller than the increase seen in the majority of other Eurozone countries, meaning Ireland still has the third cheapest mortgage rates in the Eurozone.
