Finance Ireland pulls 10-year fixed mortgages as ECB meets

Finance Ireland said the withdrawal of its 10-year and longer fixed rates was a "temporary" move caused by global market uncertainty over interest rates

Founder of Finance Ireland Billy Kane.

Finance Ireland has pulled its 10-year fixed mortgage products, delivering a blow to the Irish mortgage market that reflects the pressures building as the European Central Bank prepares to hike rates further. 

The long-established lender, which is led by industry veteran Billy Kane, had offered among the most-competitive long-term fixed-term rates in a market dominated by the big banks, which had until recently offered fixed rates of short duration.