Finance Ireland to raise mortgage rates by up to 0.75%

From Thursday, Finance Ireland will hike the interest rate across all of its 3-year fixed mortgage products by 0.75%

In a statement given on Monday, the non-bank lender said that all borrowers who have received a loan offered by the effective date will have until the close of business to lock in their mortgage at current rates.

Ireland's largest non-bank lender, Finance Ireland is the latest loan provider to increase mortgage rates, announcing rises of up to 0.75% on mortgage products.

From Thursday, March 16th, Finance Ireland will hike the interest rate across all of its 3-year fixed mortgage products by 0.75%, with the rate on its five-year fixed mortgage products increasing by 0.5%.