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Australia confronts fixed rate mortgage tsunami

June 21, 2022 - 00:05 -- Admin

RateCity’s Sally Tindall warns that millions of Aussies that locked in ultra low fixed mortgage rates during the pandemic face a massive rise in mortgage repayments when their loan terms expire: “Borrowers’ fixed rate immunity will only last for so long. When the merry-go-round stops, it’s going to be a shock for many because their

The post Australia confronts fixed rate mortgage tsunami appeared first on MacroBusiness.

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