New figures from the Central Bank show that the average interest rate on new mortgages in Ireland continued to fall to March.
The Central Bank said the average interest rate on new Irish mortgage agreements in March eased to 3.77 per cent from 3.79 per cent in February.
The equivalent euro area average for March was unchanged at 3.33 per cent, which means that Ireland had the sixth highest average interest rate on new mortgage agreements in the euro area in March.