Saturday June 6, 2020

Ian Guider's Market Talk

What will the consequence of higher interest rates be for Irish borrowers?

Ian Guider

Markets Editor

23rd April, 2017

The saving grace for many struggling borrowers has been the record low interest rates brought about by the extraordinary actions by the European Central Bank to save the eurozone economy. How many more homeowners in Ireland might have been pushed to the wall if rates were not where they have been for the last number of years?

There’s been plenty of discussion about how banks charge borrowers in Ireland more than in other eurozone countries,...

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