All the updated news related to rates

All the news related to rates updated in real time

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Local News

UK ‘in recession’ as Bank of England announces highest interest rates hike since 2008

The Bank of England has announced it will hike interest rates to their highest in more than 13 years and indicated it believes the economy is already in recession. The central bank had previously projected the economy would grow in the current ...

22 Sept 2022 at 15:38

National News

Shock for mortgage holders as ECB interest rates rise is double what was expected

Hundreds of thousands of mortgage holders will pay a higher monthly rate after the European Central Bank raised its key lending rate today by double what was expected. It had been anticipated that rates would increase by .25pc, but rates were ...

21 Jul 2022 at 15:39

National News

'Urgent action' needed to combat expected rise in mortgage rates

An increase of mortgage interest rates in the coming months will lead to higher monthly repayments for up to 450,000 homeowners in the country. There has been speculation that interest rates could rise as early as July of this year. This ...

26 Apr 2022 at 17:39

National News

Mortgage lenders may hike interest following rise in ICS fixed rate, says expert

Mortgage interest rates may be set to rise across Ireland, according to the managing director of a mortgage advice company, Doddl. Martina Hennessy spoke following an announcement by ICS Mortgages of a rate increase on all of its fixed ...

14 Mar 2022 at 15:31

National News

Unemployment rate falls to lowest level since start of Covid-19 pandemic

Unemployment rates have fallen in the past month and figures are significantly down when compared with this time last year. Figures from the Central Statistics Office (CSO) show an unemployment rate of 4.8% for all persons. This is ...

05 May 2022 at 15:11

National News

Ireland could be about to enter a post-pandemic baby boom

Birth rates increased in Ireland last year, possibly indicating an impending baby boom in the country. Latest HSE figures show there were 59,874 babies born in hospitals and maternity units last year, up 3,000 from 2020. ...

05 Apr 2022 at 12:41

National News

Figures for hospital and ICU patients with Covid-19 drop again despite high infection rate

The number of Covid-19 patients in hospital and receiving ICU care has dropped in the past 24 hours. There are 627 patients requiring treatment in hospital, the latest figures show. Out of that figure, there were 68 ...

09 Feb 2022 at 17:40

National News

Ireland has highest mortgage interest rates in EU

Ireland has the highest mortgage interest rates in the euro zone, new figures from the Central Bank show. The average interest rate on new Irish mortgage agreements stood at 2.69% in December, compared to euro area ...

09 Feb 2022 at 17:57

National News

Government action needed to "cushion body blow' of expected mortgage rates increase

Lending interest rates are due to rise twice by the end of the year, with the European Central Bank (ECB) expected to announce the hikes. The move will put extra financial pressure on tracker and variable mortgage ...

24 Aug 2022 at 14:13

National News

Homeowners urged to act now to avoid mortgage repayment hikes

Mortgage holders on either variable or fixed rates with less than two years to run need to act now to avoid challenging repayment hikes, experts have warned. They say people rolling out of historic low fixed-term ...

05 Sept 2022 at 10:00

Varadkar rules out mortgage interest rate relief for homeowners

National News

Tanaiste rules out bringing in mortgage interest rate relief for homeowners

The Tanaiste has ruled out bringing in mortgage interest rate relief for homeowners as the European Central Bank (ECB) raised interest rates again. Leo Varadkar said there are no plans to introduce rate relief ...

15 Dec 2022 at 13:05

National News

Mortgage switching index shows 3% gap between highest and lowest five-year rates

Mortgage holders seeking fixed rate security have been advised to look before they leap after the latest mortgage switching index reveals a three percentage point gap between the highest and lowest five-year ...

21 Nov 2022 at 12:37

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