Low mortgage interest rates to continue: IMC

Irish homeowners can look forward to at least another 12 months of historically low mortgage interest rates, Irish Mortgage Corporation economist Geoff Tucker said today.

Irish homeowners can look forward to at least another 12 months of historically low mortgage interest rates, Irish Mortgage Corporation (IMC) economist Geoff Tucker said today.

The European Central Bank (ECB) is now unlikely to make any changes to Euro-zone rates until the middle of 2006, he added.