First Time Buyers Are Paying €150 More Than The Eurozone Average On Their Mortgage Each Month
The average interest rate issued on a new mortgage was 3.08 percent in September
That's almost 1.5 percent more than other European countries.
It means the typical first time buyer is paying 1,800 euro more for their mortgage over the course of a year.
Darragh Cassidy from Bonkers.ie says the lack of competition in the Irish market is one of the reasons behind the difference
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