Banking

Bank of Ireland raises fixed mortgage rates for second time in three months

Lender had previously increased its fixed rates for new mortgages last November

Bank of Ireland: lender has hiked fixed mortgage rates by 0.75 percentage points. Picture: RollingNews.ie

Bank of Ireland fixed mortgage rates are to rise by 0.75 percentage points, effective immediately, in the second interest hike implemented by the lender in the last three months.

The bank this morning announced that new mortgage rates would increase by 0.75 per cent, while existing customers coming to the end of their fixed rate period will see their rates rise by 0.5 percentage points. This category includes customers who are coming to the end ...