Permanent tsb cuts fixed rates
19/11/2004 - 15:56:56Permanent tsb has announced cuts of up to 0.55% on its fixed mortgage rates.
The bank has also introduced a new three-year fixed rate of 3.70% for new business, making it the most competitive rate on the market.
The move will mean a saving of €24.74 per month for a customer with a three-year fixed rate mortgage of €100,000 over 25 years.
Commenting on the rate reduction, Niall O’Grady, head of permanent tsb marketing said: "We are delighted to pass on this reduction to our customers. The introduction of a new three-year fixed rate for new business, the lowest available on the market, strengthens our competitiveness across our fixed rate mortgage portfolio.”
The rate cuts come into effect on Tuesday next, November 23, 2004.
