Finance Ireland suspends long-term fixed mortgages as funding costs rise

By |2022-11-04T10:00:50+00:00October 28th, 2022|Efficient Debt Management|

Finance Ireland has withdrawn its pioneering long-term fixed mortgages from the market in a sign of growing pressure on non-bank lenders from higher funding costs. The specialist lender, which launched Ireland’s first 20-year fixed product just a year and a half ago, will now stop offering fixes of 10 years or more to new customers. The