Mortgage Interest Rates
Dail Éireann — 2025-12-18
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Cian O'Callaghan (SD), Dublin Bay North

Of course interest rates have fallen in the past year. The European interest rates have fallen. Why on earth would they not? The issue is that we have record bank profits and Irish mortgage holders are being over-charged in interest rates compared with other countries. I gave the example of the UK. The spreads in Ireland are more than three times higher than those in the UK. Does the Tánaiste find that acceptable? Is he going to do anything about it? He is simply talking about more banking competition. That has been said by Ministers for Finance in this Chamber over many years, but we are in the situation that people are being ripped off now. Is the Tánaiste going to do something about it or does he find it acceptable?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-12-18/debate/main
Retrieved: 2026-08-14T04:54:29+00:00
Sitting date: 2025-12-18