Mortgage holders braced for ECB interest rate rise

Mortgage holders are bracing themselves for higher home loan repayments amid speculation that the European Central Bank will increase interest rates today.

Mortgage holders braced for ECB interest rate rise
Thu, 07 Apr, 2011 - 08:23

Mortgage holders are bracing themselves for higher home loan repayments amid speculation that the European Central Bank will increase interest rates today.

It comes as a meeting of EU finance ministers in Hungary is set to be dominated by a request from Portugal for a financial bailout.

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