Will Interest Rates Go Down In 2024 Ireland. In 2024, the european central bank (ecb) plays a crucial role in shaping mortgage interest rates in ireland. Interest rates are expected to remain close to 4 per cent next year, while more than 42 per cent of financial services leaders believe the uk will rejoin the european union (eu).

In the coming months interest rates will be a focal point for some 70,000 mortgage holders who are rolling out of low fixed rates to be faced with a very different rate environment. But it is hard to see tracker rates in ireland falling much below 3.5.