Mortgage Interest Rate Rise On Hold

The European Central Bank (ECB) has indicated that interest rates are unlikely to increase over the short term, with some analysts stating that an increase in interest rates is unlikely before 2019.

Charlie Weston’s article in today’s Irish Independent offers some comfort for mortgage holders but begs the question if this decision will pour more fuel on ever rising house prices.

http://www.independent.ie/business/personal-finance/property-mortgages/good-news-for-mortgage-holders-ecb-rate-hike-years-off-35298661.html

Source – Independent.ie 16/12/2016