Another European Central Bank interest rate hike could happen in December.
It's after it confirmed another interest rate increase of 0.75% for tracker mortgage holders.
They'll be hit with higher repayments because the ECB is very worried about inflation and rising energy costs.
Onlineapplication.com spokesperson, Karl Deeter says things are unlikely to get better:
"Yesterday's announcement was fairly expected and to be honest, more of the same as coming down the track. We have double digit inflation. It's not going to be calmed with the measures that have been taken so far. So I think consumers in general can say to themselves, this is the beginning of a trend."
