Banking

Permanent TSB announces second mortgage rate hike in two months

The lender said the rise was due to a series of price increases from the European Central Bank

A Permanent TSB branch in Dublin city centre. Picture: Rollingnews.ie

Permanent TSB is increasing its fixed mortgage rate prices, the second time it has done so within the last two months.

The lender announced today that it will raise the interest rate on its fixed rate products by an average of 0.5 per cent.

It said the increase will vary between 0.05 per cent and 0.8 per cent, depending on a vareity of factors including the length of the fixed term and the size of ...