Ulster Bank cuts mortgage rates

ULSTER BANK has announced a reduction in its fixed rate mortgages for existing and new customers. The bank said that the new rates are effective immediately.

The reduction sees the two year fixed rate come down to 3.29% from 3.49%.

The three-year fixed rate is cut from 3.59% to 3.45% while the five-year fixed rate drops from 3.79% to 3.75%.