The average mortgage rate in Ireland continued to grow in February, according to the latest figures from the Central Bank.
Their latest report shows that the rate rose from 4.27% in January to 4.29% in February.
This occurred at a time when the euro zone average fell for the third month in-a-row to 3.91%.
The latest Central Bank figures show Irish mortgage rates are currently the seventh highest in the euro zone where rates vary from as low as 1.97% in Malta to as high as 6.05% in Latvia.
The Central Bank also said that the total volume of new mortgage agreements rose to €641m in February, a 18% increase from the previous month, and a decrease of 39% on the same time last year.
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