Irish Permanent cuts fixed rates

Irish Permanent, the State's largest residential mortgage lender, has cut its fixed interest rates despite the European Central…

Irish Permanent, the State's largest residential mortgage lender, has cut its fixed interest rates despite the European Central Bank's decision on Thursday to leave rates unchanged. All fixed rates, from one to 10 years, have been cut. The one-year fixed rate is now at 5.85 per cent, down from 6.19 per cent.