Donegal Deputy calls for support for homeowners following latest interest rate hike

A Donegal Deputy has called on the government to provide mortgage relief to struggling household following the fourth rise in interest rates since the summer.

The latest increase by European Central Bank, of zero-point-five percentage points, will put further pressure on homeowners already dealing with rising energy prices and grocery bills.

It also pledged further hikes in the future, as part of its fight against runaway inflation.

Deputy Pearse Doherty has called on the government to put a scheme in place that will provide relief for mortgage holders who are now facing annual increases of €4,000…

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