TRACKER mortgage holders could pay €1,000 more a year after the European Central Bank hiked interest rates by 0.5% yesterday.
The new 3.5% base rate means someone with a €300,000 loan over 25 years must find an extra €80 a month.
That rate will be passed on to all tracker customers immediately, while variable rate customers can expect to see increases down the tracks.
The ECB was widely expected to hike interest rates again in a further bid to dampen inflation.
Denne historien er fra March 17, 2023-utgaven av Irish Daily Mirror.
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Denne historien er fra March 17, 2023-utgaven av Irish Daily Mirror.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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