Permanent tsb announces fixed interest rate cuts

Permanent tsb bank today announced a cut in its range of fixed interest rates.

The cuts will cover mortgage fixed rate terms from one to 10 years. New customers can now avail of a two-year fixed rate as low as 3.45%.

The bank says the rate cuts could lead to savings of up to €62.50 per month for a customer with a €250,000 mortgage over 20 years.

Announcing the move, Niall O’Grady of permanent tsb Bank, said, “We are delighted to be able to provide some of the most aggressive fixed rates available in the market for many years. They are available to customers with immediate effect.”