Rise in Mortgage Interest Rates & How It Affects Mortgage Payments
Posted on 28th June, 2023
Mortgage holders in Ireland will face an additional cost blow over the coming months as the European Central Bank (ECB) opted to hike the mortgage interest rates once again. The impact of rising interest rates on mortgages was a mere 0.5% but will cost the average tracker mortgage holder around €1,650 extra each year (ie appro...
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