INTEREST RATES

Bank of Ireland slashes interest rates on 12 and 18-month fixed-term deposits

Bank of Ireland slashes interest rates on 12 and 18-month fixed-term deposits

Bank of Ireland has announced a 0.25 per cent reduction in interest rates for its 12 and 18-month fixed-term deposit accounts, effective from February 18. The bank, however, confirmed that there will be no changes to other savings products, including the SuperSaver regular savings account, Advantage 6-month Fixed Term deposit, Notice Deposit account, Instant Access … Read more

Irish mortgage rates still third lowest in Europe despite hikes in recent months

Irish mortgage interest rates remain the third lowest in the Eurozone, despite the European Central Bank (ECB) beginning to raise them. The most recent rate increase, which brought the rate to 2.5% last Thursday, was one of many that the ECB has announced as part of its efforts to combat the inflation crisis. These increases … Read more