Why mortgage holders should 'act now' to avoid repayment hikes

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Mortgage holders need to 'act now' to avoid repayment hikes, one advisor has said.

Martina Hennessy from doddl.ie said people should act now to avoid repayment hikes.

"It's really important now for mortgage holders to act to avoid unnecessary repayment hikes, and to look to switch their mortgage.She said while rates are going up, people have time."But this is the start of it... we're heading into a timeline of sustained interest rate increases.

 

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