Monthly tracker repayments have surged as officials have increased rates in response to surging inflation
Back-to-back interest-rate increases of 50 basis points are approaching from the European Central Bank , whose battle with persistent inflation will see it hike borrowing costs until May, according to a survey of economists.
The move gives a likely end point for mortgage holders affected by the recent consistent mortgage rate hikes, which started during the summer in response to surging inflation.
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