First-time buyer mortgage loans in Ireland 2017-2022, by interest rate
The vast majority of mortgages for first-time homebuyers in Ireland in 2022 had a fixed rate. The share of loans with a variable interest rate was approximately five percent in that year - a substantial decrease from 2017, when about one in three loans had a variable interest rate. Meanwhile, second and subsequent borrowers had a slightly lower share of fixed interest rate mortgages.