Gerald Nash (Louth, Labour) | Oireachtas source

Homeowners are scared stiff of the threat of rising mortgage interest rates. Markets expect the ECB to continue raising rates until the middle of next year, with a peak of 3% anticipated. Tracker mortgage holders, as we know, have already felt the impact, and variable-rate mortgage holders are next in the firing line. Has the Minister's Department carried out any assessment at this stage of the impact of rising rates on Irish mortgages? Will the Central Bank require any more tools, in the Minister's view, to help to protect vulnerable mortgage holders in the time ahead?

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