News Formal

Finance Ireland hikes variable mortgage rates after ECB’s raise

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Non-bank lender’s variable rates will rise to between 6.5 per cent and 6.95 per cent – some of the highest mortage repayment rates on the market

Finance Ireland, the non-bank lender, has increased its variable mortgage rates by 0.25 per cent, after the European Central Bank hiked rates once again at a meeting last month.

The move, which will come into effect from September 12, means that the company’s variable rates will rise to between 6.5 per cent and 6.95 per cent, depending on the loan to value ratio.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance Ireland responds to ECB move by hiking variable mortgage rateLenders were initially slow to pass on the uptick in interest rates to customers here but have now begun to catch up
Source: IrishTimesBiz - 🏆 6. / 77 Read more »