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BUSINESS Thu 22 Oct 14:02
Are more mortgage rate increases
likely after PTSB hike?
PTSB today announced it is increasing
interest rates on its fixed-rate
mortgages.
It is the first of the main pillar
banks to announce such a hike since
the European Central Bank introduced
two rate rises between June and
September.
What will this mean for borrowers, and
will other lenders follow suit?
The PTSB increase does not come as a
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