The European Central Bank has confirmed another rate rise coming next week for mortgage holders, which will leave thousands of people forking out an additional €200 each month.
The move will mainly affect tracker mortgage holders but it will also making the borrowing process even more unattainable for first-time buyers in Ireland.
READ MORE: Social welfare: Everything you need to know about payday changes for first February bank holidayAccording to reports, the Vulture funds that own around 100,000 mortgages in Ireland have been slamming customers directly with each ECB rate rise.
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