Permanent TSB's announcement last week that its mortgage interest rates are set to increase from early next month came as a blow to its customers, and raised concerns that other banks were also poised to increase rates.
Permanent TSB announced that its standard variable rate for mortgage customers will rise from 4.34 per cent to 4.5 per cent from June 9.
Ciaran Phelan, chief executive of the Irish Brokers Association, said the bank knew that many of its...
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