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Aussies are taking out and repaying mortgages at a record pace

March 3, 2021 - 00:10 -- Admin

Record low interest rates and households awash with stimulus money is having interesting effects on Australian borrowing habits. On the one hand, Aussies are taking advantage of the lowest borrowing rates on record to pile into the housing market, with new mortgage issuance running at all-time high levels in January, according to the Australian Bureau

The post Aussies are taking out and repaying mortgages at a record pace appeared first on MacroBusiness.

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