After increases in Europe, Bank of Ireland raises mortgage rates 0.5%

DUBLIN, Ireland: Bank of Ireland has announced that it has raised fixed mortgage rates following a cumulative 3.5 percent rate increase by the Bank of Europe since July.

Additionally, the Bank of Ireland said it would now offer a new term deposit account for business customers.

The new rate will see a 0.5 percent increase for Bank of Ireland's fixed mortgage rates.

Customers of Bank of Ireland have