Some 'good' news to finish the day, interesting that this gets announced while the full details of the Irish Bank Stress tests are being revealed.

Irish Nationwide Building Society has become the latest lender to increase its standard variable mortgage rate.

The increase will come into effect on 1 May.

The Building Society said its variable mortgage rate will go up by 0.65 percentage points to 4.4%.

It said this will add an extra €34 to monthly repayments on a €100,000 mortgage over 20 years.

- RTE News

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