Mortgage Rates

July 2018 mortgage rate highlights

Fixed rates at their lowest rates ever

2 year fixed rates from 2.3%

4 year fixed rates from 2.6%

5 year fixed rates from 2.5%

 

 

House prices

The current uncertainty in the international environment will adversely affect house prices. We are a small open economy which is highly exposed to international trade. Brexit will also damage our economy.

.It is likely in this context that the current house price boom will run out of steam.

 

 

Mortgage Rates

Mortgage rates remain attractive with some very good value for long term fixed rates.

We currently recommend fixing for a minimum of five years

Variable rates 90% ltv mortgages from 3.15%. Available through our partner Haven Mortgages Ltd ( AIB Mortgage Group) This is the lowest variable rate on the market for high loan to value mortgages. This rate is also their standard variable rate which is important as it is the rate that mortgage holders follow on to after a fixed rate expires. AIB need to improve their fixed rates offering to match their competitors.

5 year fixed <80% ltv 3.2% ( 2% cash back + monthly cash rebate) . Available through our partner permanenttsb. Cash Back offers are popular with many buyers because they free up cash to assist with home decoration after a purchase. From a longer term perspective cash back offers can prove expensive, if the rates that apply from the lender offering the cash back are not competitive in the medium term. Many buyers take up the cash back offer on the assumption that if the lender does not offer competitive rates in the future they will move, but that assumes that the lending conditions allowing them to move elsewhere are available! It is important to loook closely at the aprc when considering mortgage rates.

4 year fixed rates <90% 2.6%. This is a very attrcative rate available through our partner, Ulster Bank.

Ulster currently promotes that they offer existing customers the same rates as new customers and it is very important that this offer remains in place for mortgage holders.

5 year fixed rates <80% ltv >€500,000 from 2.5%. Again exceptionally low 5 year rate aimed at higher value mortgages available through our partner, Ulster Bank.

7 year fixed rate 2.99% up to 80% loan to value and 3.29% over 80% are also very attractive

10 year fixed rates <60% ltv from 3.05% 

KBC have recently improved their fixed rates and now offer five year fixed rates from 2.6%

Your mortgage horizon is very important when choosing between variable and fixed rates. In an ideal world, we would eliminate risk and fix for as long as possible within the horizon of our expected ownership of the property, provided longer term fixed rates were attractive.

Mortgages.ie provide you with impartial information to help the decision making progress. Use the table below to view the latest lender mortgage rates.

If you feel bewildered by the wide range of mortgage options available, why not talk to one of our experienced consultants who will take you through the options and help you choose the mortgage that's right for you. Either fill in the quick contact form or telephone 01 8327250 for no-obligation, advice.

For our latest commentary of mortgage rates please visit our Mortgage News section.

 

Other useful tools:

  • Mortgage Repayment Calculator  Compares mortgage rates across Irish Mortgage lenders and calculates monthly repayments
  • Lender Facilities
    Comparison charts for major Irish mortgage lenders.
  • How Much Can I Borrow
    Find out how much you can borrow, and calculate typical monthly repayments.
  • Mortgage Protection Calculator  This calculator compares mortgage protection insurance and Life insurance across all the main Life Companies and applies exclusive discounts available to Mortgages.ie visitors
ProductAPRC
PTSB First Time Buyer Variable (LTV < 50%) 3.80%
KBC Investment Variable (LTV 50-70%) 5.10%
PTSB Trading Up Variable (LTV < 50%) 3.80%
BoI First Time Buyer Variable (LTV 1-60%) 4.00%
BoI Re-Finance Variable (LTV 60-80%) 4.30%
BoI Trading Up Variable (LTV < 60%) 4.00%
BoI Trading Up Variable (LTV 60-80%, > €500k) 4.30%
BoI Trading Up Variable (LTV 80-90%) 4.60%
HAV Trading Up Variable (LTV < 50%) 2.80%
HAV First Time Buyer Variable (LTV 50-80%) 3.00%
HAV First Time Buyer Variable (LTV 80-90%) 3.20%
HAV First Time Buyer Variable (LTV < 50%) 2.80%
HAV Trading Up Variable (LTV 50-80%) 3.00%
HAV Trading Up Variable (LTV 80-90%) 3.20%
BoI First Time Buyer Variable (LTV 60-80%) 4.30%
KBC First Time Buyer Variable (LTV 60-80%) 3.11%
KBC Trading Up Variable (LTV 60-80%) 3.11%
KBC Trading Up Variable (LTV 50-60%) 3.06%
KBC First Time Buyer Variable (LTV 50-60%) 3.06%
PTSB Investment Variable (LTV < 50%) 5.10%
PTSB First Time Buyer Variable (LTV 50-60%) 3.90%
PTSB Trading Up Variable (LTV 50-60%) 3.90%
PTSB Trading Up Variable (LTV 60-70%) 4.01%
PTSB First Time Buyer Variable (LTV 60-70%) 4.01%
PTSB First Time Buyer Variable (LTV 70-80%) 4.11%
PTSB Trading Up Variable (LTV 70-80%) 4.11%
PTSB First Time Buyer Variable (LTV 80-90%) 4.32%
PTSB Trading Up Variable (LTV 80-90%) 4.32%
KBC Re-Finance Variable (LTV 60-80%) 3.11%
PTSB Investment Variable (LTV 50-60%) 5.26%
PTSB Investment Variable (LTV 60-75%) 5.36%
PTSB Investment Variable (LTV < 50%) 5.10%
KBC Re-Finance Variable (LTV 50-60%) 3.06%
KBC First Time Buyer Variable (LTV 80-90%) 3.37%
KBC Trading Up Variable (LTV 80-90%) 3.37%
HAV Re-Finance Variable (LTV < 50%) 2.80%
HAV Re-Finance Variable (LTV 80-90%) 3.20%
HAV Re-Finance Variable (LTV 50-80%) 3.00%
KBC Re-Finance Variable (LTV 80-90%) 3.37%
BoI First Time Buyer Variable (LTV 80-90%) 4.60%
PTSB Re-Finance Variable (LTV < 50%) 3.80%
PTSB Re-Finance Variable (LTV 50-60%) 3.90%
PTSB Re-Finance Variable (LTV 60-70%) 4.01%
PTSB Re-Finance Variable (LTV 70-80%) 3.87%
PTSB Re-Finance Variable (LTV 80-90%) 4.32%
PTSB Investment Variable (LTV 60-70%) 5.36%
UB Trading Up Variable (LTV < 60%) 3.20%
UB Trading Up Variable (LTV 80-90%, > €0k) 3.70%
KBC Investment Variable (LTV < 50%) 4.79%
UB Re-Finance Variable (LTV 80-90%) 3.70%
PTSB First Time Buyer Discounted Variable (LTV < 50%) 3.74%
PTSB Trading Up Discounted Variable (LTV < 50%) 3.74%
PTSB Re-Finance Discounted Variable (LTV < 50%) 3.70%
PTSB First Time Buyer Discounted Variable (LTV 50-60%) 3.85%
PTSB Trading Up Discounted Variable (LTV 50-60%) 3.85%
PTSB Re-Finance Discounted Variable (LTV 50-60%) 3.85%
PTSB Re-Finance Discounted Variable (LTV 60-70%) 3.95%
PTSB First Time Buyer Discounted Variable (LTV 60-70%) 3.95%
PTSB Trading Up Discounted Variable (LTV 60-70%) 3.95%
PTSB First Time Buyer Discounted Variable (LTV 70-80%) 4.05%
PTSB Trading Up Discounted Variable (LTV 70-80%) 4.05%
PTSB Re-Finance Discounted Variable (LTV 70-80%) 4.05%
UB Re-Finance Variable (LTV 60-80%) 3.30%
UB First Time Buyer Variable (LTV 80-90%) 3.70%
KBC Re-Finance Variable (LTV < 50%) 3.06%
KBC Trading Up Variable (LTV < 50%) 3.06%
KBC First Time Buyer Variable (LTV < 50%) 3.06%
UB Investment Variable (LTV < 60%) 4.80%
UB Investment Variable (LTV 60-70%) 5.20%
UB Re-Finance Variable (LTV < 60%) 3.20%
UB Trading Up Variable (LTV 60-80%) 3.30%
UB First Time Buyer Variable (LTV < 60%) 3.20%
UB First Time Buyer Variable (LTV 60-80%) 3.30%
PTSB First Time Buyer Discounted Variable (LTV 80-90%) 4.26%
PTSB Re-Finance Discounted Variable (LTV 80-90%) 4.26%
PTSB Trading Up Discounted Variable (LTV 80-90%) 4.26%
BoI Re-Finance Variable (LTV < 60%) 4.00%