Delta Capital warned state supports may not be enough to save customers entering arrears in light of interest rate hikes
Structural change may be “imminent” within the Irish banking sector in order to save consumers from falling into arrears, Delta Capital has warned.
The capital markets consulting and technology provider said that while the mortgage interest relief measures announced in Budget 2024 will “undoubtedly assist some of those who are struggling”, they may not be enough to prevent others from entering arrears in light of rising mortgage interest rates.
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