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: Central Bank of Ireland / BPFI
Indicative trend only. Live data from Central Bank of Ireland / BPFI being integrated.
The Standard Variable Rate (SVR) is the default rate applied by Irish lenders when a fixed-rate period expires or when a borrower doesn't select a product. Irish SVRs have historically been among the highest in the eurozone — often 1–2 percentage points above equivalent European rates — despite the ECB rate environment.
Tracking the SVR is important for existing landlords whose buy-to-let mortgages may revert to this rate. The gap between ECB rates and SVR is a measure of lender margin; as competition in the Irish mortgage market increases, this spread has narrowed but remains elevated by European standards.