Some homeowners could see their mortgage repayments rising after today. The European Central Bank is set to hike interest rates again, the seventh increase in the past year.
A quarter of one per cent rise is expected, but some analysts say it could be even more as inflation remains persistently high.
Business Editor Joe Lynam says while it will immediately impact those with tracker mortgages, anyone coming to the end of a fixed rate deal should also "be aware."
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