Two in five mortgage-holders likely to be insulated from rate hikes in the short-term

Those with mortgages most exposed to interest rate changes could see repayments jump between 41% and 50% by the end of the year compared to June 2022, Central Bank research shows

Research from the Central Bank of Ireland also shows mortgages most exposed to interest rate hikes could see repayments jump as much as 50%. Picture: Jason Alden/Bloomberg

Up to two in five mortgage-holders in Ireland are likely to be insulated from repayments increases until the end of 2023, following the European Central Bank's series of interest rate hikes, research from the Central Bank of Ireland shows.

However, those with mortgages most exposed to interest rate changes could see repayments jump between 41% and 50% by the end of the year compared to June 2022.