Friday January 17, 2020

Central Bank won’t conduct mortgage pricing review

Sinn Féin criticises regulator over decision not to review different interest rates offered by banks to mortgage holders

5th January, 2020

The Central Bank has ruled out conducting a review of mortgage pricing despite political pressure for it to probe interest rates being charged by lenders.

Irish mortgage interest rates have remained stubbornly higher than those charged in other EU countries and according to the latest Central Bank of Ireland (CBI) figures, are the second highest in the eurozone.

Furthermore, new and existing mortgage customers are often offered different interest rates by lenders.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Credit union also tells members that Central Bank fine in late 2019 was for legacy matters and it has overhauled its governance

Ian Guider | 1 week ago

Top lender pursues eco-friendly investments, while making sure rest of its portfolios are not environmentally damaging

Daniel Murray | 1 week ago

Average compensation received via Personal Injuries Assessment Board comes with legal fees of €753 compared with €14,700 via courts

Ian Guider | 1 month ago