Lenihan: Prospect of mortgage rate increase 'a commercial reality'
28/01/2010 - 11:10:11Finance Minister said today that a reported move by one financial institution here to raise interest rates is a "commercial reality".
The board of Permanent TSB is meeting today where it is thought that they could raise variable interest rates for 70,000 customers by ½%
It has led to speculation that other lenders may follow suit.
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