PTSB has become the first pillar bank to raise fixed mortgage rates, and MoCo has followed. Brokers say the outlook is darkening even though the ECB has paused.
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ECB holds interest rates as Lagarde announces early exit: what it means for Irish mortgages
The European Central Bank kept rates on hold on Thursday after two hikes this year, but warned of rising energy costs, while Christine Lagarde said she will step down in February.