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The Mortgage Minefield

PROPERTYBANKING & FINANCIAL SERVICESINVESTOR EDUCATION

Fri 13 Jan 2023
The Mortgage Minefield
Last May, the Reserve Bank shattered the optimistic view held by some that interest rates would stay low forever (or at least a few more years). The bank has raised the official cash rate eight times in eight months, and lenders have been quick to follow with mortgage rate rises of their own.

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