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Euronews
Euronews
Doloresz Katanich

How the ECB rate hike will affect mortgage borrowers

Mortgage rates have continued to climb across the eurozone’s four biggest economies since August, although the effect of the European Central Bank’s latest interest-rate increase varies significantly between countries.

Quoted fixed rates now range from around 2.2% in Spain to an average of 4.46% in Germany, although the figures cover different mortgage terms and are therefore not directly comparable.

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