The corresponding interest rate reported by all credit institutions resident in the euro area was 3.43 per cent.
The figures were published as part of the Central Bank’s retail interest rate statistics for June.
While the number of tracker mortgages in Ireland has brought the Irish figure down, the Central Bank said that over the 10-month period from July 2012 to April this year Irish mortgage rates “diverged somewhat” from ECB rates as lenders increasingly sought to pass on ECB rate cuts to their variable customers.
Over this period, the ECB’s main refinancing rate remained unchanged at 0.75 per cent, while the applicable Irish rate increased by 14 basis points.
In May, the ECB reduced its main lending rate by 0.25 percentage points to 0.5 per cent.