Thursday February 27, 2020

Extra mortgage rate hike to hit 200,000 homes

Around 200,000 mortgage holders are to be hit with interest rises above those set to be imposed by the European Central Bank this week.

2nd July, 2011
2
{ }

Around 200,000 mortgage holders are to be hit with interest rises above those set to be imposed by the European Central Bank this week.

Variable rate mortgage holders will be hit hardest, as banks are likely to hike rates by more than the expected 0.25 per cent ECB rise.

The rise will be a blow for those struggling to make repayments, and reflects the need for banks to recoup higher payouts they are making to savers in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago