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Bank of Ireland increases interest rates on fixed-rate mortgages
The bank has also launched a new one-year term deposit account for personal customers
The bank is applying a three-quarter percentage point rise across its range of fixed-rate loans offered to new borrowers, while the fixed rates available to existing mortgage customers are now half a percentage point higher.
Applicants who already have a credit approval and who draw down the mortgage by February 21st can still avail of the previous fixed rates.