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Ireland Is The Most Expensive Country In The Eurozone For Mortgages

Laura Donnelly
Laura Donnelly

12:48 11 Mar 2021


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Ireland is once again the most expensive country in the Eurozone to take out a mortgage.

New figures from the Central Bank show the average interest rate for new mortgages in Ireland is 2.79 per cent.

At 2.79 per cent Ireland is well above the EU average rate for new mortgages, which stands at 1.29 per cent.

Ireland was second highest in December but overtook Greece in the first month of 2021.

The volume of new mortgage agreements in January amounted to €500 million, a decrease of 7 per cent on January 2020.

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