The vast majority of mortgages for second and subsequent homebuyers in Ireland in 2023 had a fixed rate. The share of loans with a variable interest rate was approximately 14.4 percent - a substantial decrease from 2017, when about 42 percent of new loans had a variable interest rate. Meanwhile, first-time buyers had a slightly higher share of fixed rate mortgages.
Distribution of second and subsequent buyer mortgages granted in Ireland from 2017 to 2023, by interest type
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Central Bank of Ireland. (June 11, 2024). Distribution of second and subsequent buyer mortgages granted in Ireland from 2017 to 2023, by interest type [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1415677/repeat-buyer-mortgage-loan-interest-ireland/
Central Bank of Ireland. "Distribution of second and subsequent buyer mortgages granted in Ireland from 2017 to 2023, by interest type." Chart. June 11, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1415677/repeat-buyer-mortgage-loan-interest-ireland/
Central Bank of Ireland. (2024). Distribution of second and subsequent buyer mortgages granted in Ireland from 2017 to 2023, by interest type. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1415677/repeat-buyer-mortgage-loan-interest-ireland/
Central Bank of Ireland. "Distribution of Second and Subsequent Buyer Mortgages Granted in Ireland from 2017 to 2023, by Interest Type." Statista, Statista Inc., 11 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1415677/repeat-buyer-mortgage-loan-interest-ireland/
Central Bank of Ireland, Distribution of second and subsequent buyer mortgages granted in Ireland from 2017 to 2023, by interest type Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1415677/repeat-buyer-mortgage-loan-interest-ireland/ (last visited November 13, 2024)
Distribution of second and subsequent buyer mortgages granted in Ireland from 2017 to 2023, by interest type [Graph], Central Bank of Ireland, June 11, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1415677/repeat-buyer-mortgage-loan-interest-ireland/