Oz Blog News Commentary

Australia’s “unprecedented” mortgage shock

December 9, 2022 - 00:05 -- Admin

Below is an edited extract of the ‘Your Next Mortgage Move’ Report published by Aussie Home Loans and CoreLogic: Australia’s mortgage market is moving through unprecedented change. With rates rising rapidly, record levels of household debt and the cost of living on the rise. Before the pandemic, the cash rate target had averaged 2.55% for

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