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Monaghan financial adviser predicts notable savings following ECB rate cuts

Jun 6, 2024 12:26 By News Northern Sound
Monaghan financial adviser predicts notable savings following ECB rate cuts
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Economists have calculated this could lead to relief for some homeowners.

A Monaghan financial adviser is predicting significant savings as a result of the expected ECB interest rate cuts.
The European Central Bank is expected to be announcing a cut of 0.25 per cent this lunchtime.
Economists have calculated this could lead to relief for some homeowners.

Harry Dwyer is the managing director of Moneycare in Monaghan.
Speaking on the Joe Finnegan Show this morning, he gave an example of the type of savings mortgage borrowers could expect from this cut:

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