Taoiseach Leo Varadkar confirmed this morning that the matter is being considered by Minister for Finance Michael McGrath and Minister for Social Protection Heather Humphreys.
"I think if we are going to do something to help people with mortgage interest, it really should focus on those who are paying the highest rates and those who might be at risk of losing their homes. But the detail that hasn't been worked out," the Taoiseach said. He said that further ECB rate rises are not anticipated but the Government appreciates that the increases have already had a significant impact on homeowners.