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Bank of Ireland raises fixed rates for new mortgages
Summary by Ground News
Bank of Ireland said on Thursday that it raising the cost of fixed-rate mortgage products for new customers by 0.25 of a percentage point. The European Central Bank (ECB) has hiked its main lending rate from zero to 2 per cent in less than three months. Irish banks have moved less aggressively on mortgage rates than domestic nonbank lenders and euro-zone peers.