Bank of Ireland has announced rate reductions across its portfolio of fixed rate mortgage products for homeloan customers.
The cuts are across two-year, three-year and five-year products.
These rate cuts are in response to further reductions in the cost of funds on the market, Bank of Ireland says.
The new APR for a two-year fixed product is now 3.5%, and 4% for a five-year fixed product, showing a drop of 50 basis points and 30 basis points, respectively.
The reductions take effect from 30 January.
