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Brokers Ireland advises mortgage holders to consider fixed interest rates
Commenting on the most recent Central Bank Retail Interest Rates for September 2021, Brokers Ireland said while the rate has improved minimally in the last month, at 2.72 percent Irish mortgage holders continue to pay the second highest rate in the euro zone, a full 1.45 percent ahead of the euro area average, a figure that would result in Irish consumers paying over €78,000 over and above their European neighbours on a €300k mortgage over 30 years.