Irish mortgage rates fall to almost three-year low as lenders react to stabilising ECB rates 

At 3.5%, the average Irish mortgage rate was the sixth-highest in the eurozone, Central Bank figures show

Central Bank figures show the average interest rate on household overnight deposits stood at 0.13% in December 2025 for the 13th consecutive month.  Photographer: Hannelore Foerster/Bloomberg via Getty Images 

Irish mortgage rates continued to fall at the end of last year, decreasing to their lowest level in almost three years.

New figures released by the Central Bank of Ireland on Wednesday found that the average mortgage rate fell to 3.5% in December, down marginally from 3.53% in the previous month.