Homeowners could be facing another European rate rise this week.
The European Central Bank (ECB) is expected to push up its lending rates by at least 0.25 percentage points tomorrow, with some economists now warning of a 0.5 percentage point rate hike.
Such a move would cost those on trackers and variable rates thousands of extra euro in repayments, and push up the cost of new fixed rates for new home buyers.
A 0.5 percentage point rise would mean an extra €390 a year for a typical tracker customer with 11 years of repayments left.
Read the full details in the Irish Independent
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