Bank of Ireland will be increasing their mortgage rates from Friday 16th April.
Most rates will be increased by 0.5% – fixed rates could be rising by more than that. ICS – which is owned by BOI will also be increasing rates next week.
BOI were offering payments of €750 for mortgage switchers towards legal fees – but this offer ended last week.
AIB and PTSB recently raised mortgage rates and EBS are expected to announce rate increases in the next few days also.
The ECB rate was left at 1% yesterday – it has been unchanged now since May 2009.