The European Central Bank is anticipated to announce a 0.25% rate cut today at lunchtime.

Economists suggest this reduction could bring relief to some homeowners. Harry Dwyer, Managing Director of Moneycare in Monaghan, discussed the potential savings for mortgage borrowers on the Joe Finnegan Show this morning. He provided an example of the kind of financial relief that might result from this rate cut.

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Listen below.

Monaghan financial adviser predicts notable savings following ECB rate cut | NorthernSound