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6th Jun 2022 22:10Eurozone, Daily Monitor

Mortgage rates in the EZ tend to trend in line with the main ECB policy rates, so they will rise this year.

Around a fifth of mortgages incur a variable rate and so are sensitive to changes in ECB policy rates.

Households can withstand higher borrowing costs, but growth in house prices will slow significantly.

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Keywords for: ECB Hikes Could Lift Mortgage Rates by 300bp Through 2023

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