News

Average Irish mortgage looks set to increase today

Sep 8, 2022 08:09 By News Northern Sound
Average Irish mortgage looks set to increase today Average Irish mortgage looks set to increase today
Share this article

The cost of paying for the average Irish mortgage looks set to increase today.

The European Central Bank meets in Frankfurt later where an interest rate increase of 0.75 per cent is being predicted.

The rise in rates is necessary to curb inflation in the Euro currency zone which last month rose to 9.7 per cent.

Advertisement

Economist Austin Hughes says the time may have arrived for financially-stretched mortgage holders to seek advice on how to minimise their monthly payments:

Tags used in this article
Share this article
Advertisement
Advertisement

NorthernSound Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.