Cliff Taylor: Which mortgage borrowers will be hit first by interest rate hikes hit?

Smart Money: There are some options for those with loans to protect themselves

Are there options open to borrowers to protect themselves from rate rises, at least to some extent .

Are there options open to borrowers to protect themselves from rate rises, at least to some extent .

The European Central Bank now looks almost certain to start increasing its official interest rates in July.

So how will this affect mortgage rates and which borrowers will be hit first in what is a fragmented market with a whole range of different products.

The Irish Times
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