Mortgage Interest Rates
Dail Éireann — 2023-03-07
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Pearse Doherty (SF), Donegal

Tá a fhios ag an Aire - agus tá le tamall - go bhfuil an ECB ag cur rátaí morgáiste suas le 3%. The European Central Bank, ECB, has increased its key interest rate by 3% and it is expected to go up, on 16 March, another 0.5% with further increases flagged for later in the year. These increases have not worked fully through the Irish system uniformly. However, there are certain categories of borrowers who have already been impacted by these rate hikes. I again ask the Minister to consider the introduction of targeted, temporary mortgage interest relief to support these hard-pressed households.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2023-03-07/debate/main
Retrieved: 2026-08-14T04:51:40+00:00
Sitting date: 2023-03-07