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MyHome Living Average Irish mortgage rate inches higher

Average Irish mortgage rate inches higher

The Central Bank said the weighted average interest rate on new fixed rate mortgages - which make up 94% of the volume of new mortgages, was 3.49% in August, up one basis point from the previous month.

Housing construction activity slides in September

The Index found that the reading for the construction sector stood at 50.4 during September, down from the 50.7 recorded in August. While this is a decline, it is still above the 50.0 mark which signals a slight expansion in the sector during the month.

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