‘Don’t waste what might be the final opportunity to lock in a low mortgage interest rate’

The European Central Bank is expected to increase interest rates as early as July, with at least two hikes this year, and possibly a third. Comments on Tuesday by Dutch central bank chief Klaas Knot that rates could rise by half a percentage point in July came as something of a bombshell.

This is quite the change from earlier indications from the ECB that rates would not rise for some time and deserves to be taken very seriously by mortgage holders.

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