Monday 27 February 2017

KBC bank to raise mortgage rates

Colm Heatley

KBC bank will raise its interest rate for standard variable mortgages and investment variable mortgages with effect from May 1, the bank said today in an emailed statement.

The standard variable mortgage rate will increase to 3.65pc from 3.24pc and the investment variable mortgage rate will increase to 4.5pc from 4.29pc, KBC said.

The changes apply to new and existing customers.

Bloomberg

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