Image: EuronewsHow the ECB rate hike will affect mortgage borrowers
• The European Central Bank raised interest rates to combat persistent inflation across the eurozone. • Mortgage brokers noted that banks in France, Italy, and Spain had already priced this increase into their loan offers before the official announcement. • Borrowers in the eurozone's largest economies may face further rate hikes as banks respond to elevated market rates and government bond yields.
euronews.com