Bank of Ireland Archives - LSL Auctions News

Economic Pulse falls in July

A pullback in consumer and business confidence dragged the Economic Pulse lower in July 2022. The Bank of Ireland Economic Pulse came in at 70.2. The index combines the results of the Consumer and Business Pulses, and the latest figures reflect a 17-month low. The outcome is due to households feeling the pinch from inflation and fretting about the economy as well as firms being more circumspect about business activity.…

Bank of Ireland interest rate changes

The European Central Bank last week confirmed that it is implementing a 0.5% interest rate increase. As a result, Bank of Ireland is announcing a number of interest rate changes. Mortgages Tracker mortgage rates will increase for all tracker mortgage customers by 0.5%. For most customers, this change will take effect from 10 August, 2022. Bank of Ireland will write to all tracker mortgage customers confirming the new interest rate,…

Bank of Ireland adjusts its mortgage rates this week

The Bank of Ireland has announced that it is cutting some of its mortgage rates. The move comes after ICS Mortgages increased some of its key fixed rates earlier this past week, citing higher costs of wholesale funding – prompting fears that other lenders were to follow with rate rises. It is anticipated that The European Central Bank will raise its key lending rate by the end of 2022, while…