I think that's a fair statement, particularly when you take the cashbacks into account.From article:
"Mark Whelan, of price comparison site Bonkers.ie, said Permanent TSB's new fixed rates would be among the most competitive in the Irish market."
Really? There's something wrong with my calculations if that's the case.
For example, PTSB's High Value 3-Year Fix <60% LTV has a notional rate of 2.95% but an effective rate over three years of only 2.17% when you allow for the cashbacks (2% at drawdown, plus 2% of each monthly mortgage payment).