Ulster Bank Mortgage Rate Increase

NorfBank said:
Following the move from PTSB, UB are to increase their mortgage rate by 0.5%.

This will bring it to 4.35% from March 1.

The rest of the lenders will follow suit.

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what can you say, except
 
So much for hoping that UB wouldn't immediately follow suit with the Irish banks in increasing their rates !
 
Does that rate increase also affect their commercial loans/mortgages?
 
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