There are two main types of mortgage rates in the Irish market, a fixed mortgage rate and a variable mortgage rate. Lenders have focused on offering more favourable offers of fixed-rate mortgages.
Currently, all of the top 24 mortgage deals on the fixed rate market has an APR of less than 2.7%. As a result, more than 80% of new mortgages are currently fixed rate mortgage deals and people will almost certainly be better off with a fixed rate mortgage. This is the downside of a fixed period. The rate available to you will depend on the size of the loan you need divided by the value of the home. The lower the value of the loan (LTV), the cheaper the rate is. It’s a good idea to talk to a broker or mortgage sash and choose the lender most likely to approve you. Mortgage advisers are usually free to use because their creditors pay them commission. So working with a broker often gives you access to better rates.
Mortgage rates: AIB Group: Variable rates 90% LTV mortgages from 3.15% …