324. Deputy Robert Dowds asked the Minister for Finance if he will introduce legislation to compel the banks to reduce the rate of variable mortgages to bring it close to parity with average European variable mortgage rates, in view of the fact that the average European variable mortgage rate is significantly lower than that here; and if he will make a statement on the matter. [21943/15]

Summary

324. Deputy Robert Dowds asked the Minister for Finance if he will introduce legislation to compel the banks to reduce the rate of variable mortgages to bring it close to parity with average European variable mortgage rates, in view of the fact that the average European variable mortgage rate is significantly lower than that here; and if he will make a statement on the matter. [21943/15]

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• Mortgage Interest Rates

  xml · EN · 9 June 2015

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