Those on tracker mortgages ‘at breaking point’



A Donegal Sinn Fein TD is warning that those on tracker mortgages are at breaking point.

 

Those on this type of mortgage will see their interest rates increase again later this year, meaning up to five thousand euro extra coming out of their pockets.

 

It’s thought hundreds of thousands of people will be impacted.

 

Speaking in the Dail, Deputy Pearse Doherty urged Minister Eamon Ryan to consider reintroducing a tailored mortgage relief package:

 

 

Responding, Minister Ryan says the Central Bank has a key role in the issue but that the matter of a relief package is something for the budget:

 



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