PTSB cuts mortgage rates by up to 0.95 percentage points, leading the Irish market at 3% for certain loans.

Irish bank PTSB has cut its fixed mortgage rates by up to 0.95 percentage points, offering a market-leading 3% for four-year fixed periods on loans with less than 60% of the property value. This is the fourth rate reduction since December 2023, aiming to boost its market share and compete with rivals. The move follows the European Central Bank's rate cuts and is expected to pressure other banks to lower their rates.

2 months ago
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