Bank of Ireland announce new mortgage rate rises from today

The ECB is set to meet on Thursday where another rate increase of 0.25% is widely expected

Interest rates offered on fixed-term mortgages will go up by 0.25%. Picture Denis Minihane.

Bank of Ireland have announced increases to their fixed-rate mortgages from today ahead of a meeting of the European Central Bank (ECB) where further hikes are expected to be announced.

In a statement, the bank said that a 0.25% increase will be added to fixed-rate mortgages available to new and existing customers.