IRISH homeowners could fall behind on payments after the European Central Bank raised interest rates again, the Finance Minister warned yesterday.
The ECB said it is pushing up its main lending cost by 0.25 percentage points meaning those with an average €300,000 mortgage will be paying an extra €39 a month.
It is the seventh interest rate rise since last July with Irish mortgage holders now paying up to €300 more a month than they were a year ago.
Minister Michael McGrath said the news was a "concern".
He called on mortgage lenders to use existing codes of conduct to work with borrowers to avoid home repossessions.
هذه القصة مأخوذة من طبعة May 05, 2023 من Irish Daily Mirror.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة May 05, 2023 من Irish Daily Mirror.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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