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All Main Banks Set To Increase...

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All Main Banks Set To Increase Mortgage Rates 'Within Days'

RedFM News
RedFM News

10:28 15 Oct 2022


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All the main banks are set to increase their mortgage rates 'within days'.

That's according to a report in today's Irish Independent, which claims AIB's hike yesterday is likely to start the trend.

Fixed rates at AIB and its subsidiaries EBS and HAVEN are going up by 0.5 percentage points with immediate effect - which will make it €300 euro per year more expensive for new borrowers and switchers.

Experts say rivals Bank of Ireland and Permanent TSB could follow suit as early as next week.


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