Bank of Ireland cuts mortgage rates

Bank of Ireland has cut the interest rates on a number of its fixed rate mortgages

Bank of Ireland has cut the interest rates on a number of its fixed rate mortgages

From tomorrow the Bank's two-year fixed-rate for new customers will fall to 5.2 per cent from 5.74 per cent while its three-year rate will drop to 5.65 per cent from 5.94 per cent.

Its five-year rate will fall to 5.65 per cent from 5.99 per cent. All loan rates quoted are based on a loan to value rate of less than 80 per cent.

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