, which is reporting a year-on-year increase of 39 per cent in its own levels of activity in March.
Elsewhere, Haven Mortgages introduced a green rate of 2 per cent fixed, all the way to 90 per cent loan to value, for four years with €2,000 cashback for switching. “No-one knows when the ECB will increase their rates but the general consensus is that rises are on the horizon – we might well see two or three between this year and next.
Mr Sheahan said Ireland is lagging behind its European neighbours in terms of mortgage rates. “European interest rates are at an all-time low, but Irish mortgage rates, while competitive in this market, are still significantly ahead,” he said.
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