Covid fallout leads to renewed fears of mortgage interest rate increases

The threat of a rise in bad consumer loans in the aftermath of the Covid-19 crisis could lead to an increase in mortgage interest rates, according to one consumer commentator.

Ireland still has the third-highest mortgage interest rates in the eurozone.

The threat of a rise in bad consumer loans in the aftermath of the Covid-19 crisis could lead to an increase in mortgage interest rates, or at the very least a halt to the downward pressure seen in recent times, according to one consumer commentator.