The European Central Bank has increased interest rates by 0.5%. It’s the first rate hike in eleven years. It means the borrowing rate going from 0 to 0.5%. Which means mortgage costs are going to go up. Kieran was joined by Shane Quinlan, Economist and Managing Director of SherryFitzGerald Financial Services and Brendan Burgess, Founder of Askaboutmoney.com and Fair Mortgage Rates campaigner.
