Fixed-rate mortgage warning on ECB rate rise

Home buyers have been warned off buying fixed-rate mortgages of two or three years because borrowers will likely be exposed as the ECB starts hiking rates by the end of next year, a leading expert has said.

Fixed-rate mortgage warning on ECB rate rise
Sat, 11 Aug, 2018 - 09:04

By Eamon Quinn

Home buyers have been warned off buying fixed-rate mortgages of two or three years because borrowers will likely be exposed as the ECB starts hiking rates by the end of next year, a leading expert has said.

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CourtsPerson: Eamon QuinnPerson: Michael DowlingPerson: DowlingPerson: Karl DeeterPerson: DeeterOrganisation: ECBOrganisation: Central BankOrganisation: Irish Mortgage BrokersOrganisation: CSO
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