Ireland moves up to fifth in the eurozone for highest new mortgage interest rates 

Eurozone average interest rate on new mortgages stands at 3.36%, while Ireland is at 3.82%

The weighted average interest rate on new Irish mortgages stood at 3.82% as of the end of January. 

Ireland now has the fifth highest average interest rate on new mortgages across the eurozone after a slight increase was recorded in January, new data from the Central Bank of Ireland shows.

According to the data, the weighted average interest rate on new Irish mortgages stood at 3.82% as of the end of January, an increase of 0.02% compared to December. This slight increase, combined with rates in Croatia and Cyprus falling, moved Ireland from having the seventh highest new mortgage interest rates in the eurozone to fifth.