Windsor Framework & Northern Ireland Protocol Overview

House price increases slowing Irish mortgage rates moving slower than other countries House prices have peaked in other countries but Irish prices have remained elevated Pass-through from ECB hikes to mortgage rates less than seen in other countries. Interest rates still above EA average Mortgage interest rate on new lending for house purchase 110 100 90 80 80 0.5 Finland Greece Italy Austria Luxembourg Netherlands Ireland | I Cyprus Jan Apr Jul 2022 Oct Jan Apr Jul 2023 Oct Jan Portugal Germany Euro Area Germany Sweden 1.0 1.5 2.0 2.5 3.0 - United Kingdom United States New Zealand - Ireland Source: StatCan, CBS, Nationwide, S&P Global, EUROPACE, Real Estate Norway (Eiendom Norge), REINZ, SCB, CSO, StatFin France Belgium Spain excludes revolving loans and others ▲ 1/2022 11/2023 Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency 3.5 4.0 4.5 5.0 Source: ECB 68 89

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