#fixed-rate-mortgages

#fixed-rate-mortgages

The European Central Bank (ECB) is expected to hike its lending rates by 0.25 of a percentage point next month. The average rate was 3.52pc for a new mortgage in this country in March, up from 3.51pc the previous month and from 3.50pc in January, according to the Central Bank. The higher rates come after two small, non-bank lenders increased their new fixed rates, with markets expecting a rate rise next month from the ECB.