Saturday 18 November 2017

Banks need to learn some home truths

THE impending interest rates hikes coming from Permanent TSB and others, not to mention the ECB rate rise later this year, will come as the final knockout punch for thousands of families across this country.

An ECB rise alone is going to affect over 400,000 homeowners who have tracker mortgages, but this would also be added on to the variable rate making it a double hit below the belt.

Individual and family finances are already struggling from the impact of income tax changes and the introduction of the new universal social charge.

Please sign in or register with for free access to Opinions.

Sign In

Promoted Links

Today's news headlines, directly to your inbox every morning.

Don't Miss