Mort­gage rate ‘still too high’

Irish Daily Mirror - - STATESIDE -

FIRST-TIME buy­ers in Ire­land pays €150 more for their mort­gage each month com­pared to the Eu­ro­zone av­er­age.

The Cen­tral Bank said the av­er­age in­ter­est rate is­sued here in Septem­ber was 3.08%.

This com­pares to an av­er­age rate of just 1.76% across the Eu­ro­zone.

Price com­par­i­son site spokesman Daragh Cas­sidy said: “It’s in­cred­i­bly frus­trat­ing rates re­main so el­e­vated here.”

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