Sunday 22 January 2017

Double whammy for homeowners

Published 04/08/2010 | 05:00

HOMEowners who are struggling to make ends meet on a number of fronts cannot understand how the banks would imagine that saddling them with higher monthly mortgage repayments makes sense at this time.

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Bank of Ireland is to increase the interest rate it charges on variable mortgages for the second time this year.

They add up to a significant increase in repayments.

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