Are more mortgage rate increases likely after PTSB hike?

RTÉ News · Aengus Cox · 2026-10-22 13:02 UTC

PTSB today announced it is increasing interest rates on its fixed-rate mortgages - what will this mean for borrowers, and will other lenders follow suit?

PTSB today announced it is increasing interest rates on its fixed-rate mortgages.

It is the first of the main pillar banks to announce such a hike since the European Central Bank introduced two rate rises between June and September.

What will this mean for borrowers, and will other lenders follow suit?

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