Dáil debates

Thursday, 3 April 2025

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Mortgage Interest Rates

2:20 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I have three points in response to that, the first of which is that the best prospect we have to see all mortgage holders pay lower interest on their loans in the time ahead is to see a change in general interest rates within our economy. I welcome the decisions that have been made in recent months by the European Central Bank, ECB, in that regard.

Second, I emphasised at all times during this very difficult period for those who had their mortgages sold on that their rights from a legal point of view would not be affected. That is the case. I outlined that in my answer.

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