Mortgage lender PTSB has announced an increase in its fixed rate home-loan rates, raising fears of similar rises by its rivals. The bank is pushing up new fixed rates by 0.30 of a percentage point from today following two recent rises in European Central Bank rates.
Charlie Weston is a Personal Finance Editor at the Irish Independent. He campaigns on consumer issues, particularly focusing on variable mortgage rates, credit unions, and high motor insurance premiums, and is recognized for his groundbreaking work in exposing the tracker mortgage scandal. Charlie has been featured in outlets such as Sunday World Magazine, Irish Independent, and Belfast Telegraph, and has received accolades including the Outstanding Achievement Award at the Business Journalists’ Association and Smurfit Business School journalism awards.