MAKING CENTS: Focus on the rate when shopping for a mortgage

NOW is a good time to be in the market for a mortgage in Ireland, writes Gráinne McGuinness 

Irish banks are looking for business and are offering improved rates and a range of incentives to get it.

Whether you are a first-time buyer (FTB) or a mover, the key thing to look for should always be the interest rate. Your mortgage is likely to be the biggest household outgoing for many years of your life, so minimizing how much you pay each month should be your primary focus when choosing provider.