Cuts beginning to trickle through to mortgage-holders

Consumer advice with Grainne McGuinness

THE Central Bank had some good news for homeowners and house-hunters recently, reporting that average mortgage rates are falling. Those who have been struggling with repayments will feel change is long overdue, but at least things are moving in the right direction.

If you are in the market, you are probably already aware of changes but existing homeowners should also sit up and take notice of a possible opportunity to save money.