Today's Central Bank figures show that Irish mortgage rates are currently the seventh highest in the euro zone, but rates varied hugely across the currency bloc from as low as 1.97% in Malta to as high as 6.05% in Latvia.
The average interest rate on new household deposits with agreed maturity rose by eight basis points to 2.59% in February. He said that tracker customers will benefit almost immediately from any cuts, but for everyone else, it will be less clear cut.
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