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.
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.