Mortgage interest rates may be rising, but that doesn’t mean you should rule out switching

📆 9/24/2023 3:15 PM
📰 businessposthq

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 71%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The rates available to Irish borrowers still vary, so it’s worth reviewing what you’re paying

For a decade up to the middle of 2022, mortgage interest rates were extremely low. The European Central Bank’s rate had been at zero per cent for six years, and you could still fix your mortgage at rates from 1.95 per cent.

How things have changed. Since July 2022, tracker mortgage holders have been hit hard. They have endured ten consecutive ECB rate rises, causing repayments to increase by €220 per month for every €100,000 ...

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government looking at mortgage interest relief proposalGovernment ministers are examining proposals looking at mortgage interest relief for those most under pressure following the latest European Central Bank rate rise.
Source: RTEbusiness - 🏆 16. / 61 Read more »