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450,000 homeowners facing higher mortgage rates as early as July

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President of European Central Bank Christine Lagarde

President of European Central Bank Christine Lagarde

President of European Central Bank Christine Lagarde

MORTGAGE holders have been warned that interest rates could rise as early as July, adding to the cost of servicing variable and tracker mortgages.

Some 450,000 of homeowners are still on a combination of variable and tracker rates.


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