https://www.rte.ie/news/business/2022/1003/1326804-finance-ireland-rate-increases/
Large increase in interest rates from Finance Ireland today.
Also some very bad news for those in the process of drawing down with them as they will need to be drawn down by this Friday to avail of the current rates.
Interesting how the non bank lenders have all raised rates recently which is in contrast to AIB/BOI/PTSB
Large increase in interest rates from Finance Ireland today.
Non-bank lender Finance Ireland said it will raise its variable and fixed rates for its mortgage products by between 1.5% and 2%.
After the rate increase, Finance Ireland said its 20-year fixed rate mortgage will be priced from 4.6% to 5% depending on the loan-to-value percentage band.
Also some very bad news for those in the process of drawing down with them as they will need to be drawn down by this Friday to avail of the current rates.
Mortgage applications which have been approved and which are drawn down before close of business on Friday of this week will continue to avail of existing rates, it added.
Interesting how the non bank lenders have all raised rates recently which is in contrast to AIB/BOI/PTSB