The average rate is 2.73 per cent
A lack of competition in the Irish mortgage market is one factor behind the high cost of borrowing in Ireland.
That's the view of one expert, as figures from the Central Bank showed the country had the highest interest rates in the eurozone once again.
The average rate is 2.73 per cent, which is over double the average rate of 19 Eurozone countries.
Darragh Cassidy is Head of Communications at Bonkers.ie
He joined Ciara Noble on Thursday's edition of Kildare Today.

Good Friday Kfm Obituary Announcements
Teenager Who Has Been Missing From Broadford For Three Years Has Been Located
Ballitore Receives Funding In The Historic Towns Initiative 2026
Wicklow County Council Welcomes Funding For 106 Social Homes In Blessington
The Castledermot Town Centre First Plan Has Been Launched
Over €2,000 Damage Caused in Vandalism at Athy Sports Ground
Information Meeting On Water Quality And Water-Related Issues To Be Held In Johnstownbridge This Month
Weather Warning Issues Storm Dave Approaches Ireland