Ireland
‘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.
Source link