Track ECB base rate decisions and average Irish mortgage rates across fixed and variable products — the key drivers of affordability, demand, and investment returns in the Irish property market.
Source: BPFI / lender rate surveys
Indicative trend only. Live data from BPFI / lender rate surveys being integrated.
Two-year fixed mortgages at 75% LTV represent the core product for Irish buy-to-let purchasers and owner-occupiers with meaningful equity. Tracking the average rate at this LTV band is the best single indicator of the actual cost of new mortgage debt in the Irish market.
When 2-year fixed rates are low relative to rental yields, borrowing to purchase becomes more attractive and transaction volumes tend to rise. The spread between gross yield and mortgage rate — the "yield gap" — is one of the most watched metrics among Irish property investment analysts.