Blogotariat

Oz Blog News Commentary

Mortgage hikes to crunch Aussie borrowers

July 18, 2018 - 00:15 -- Admin

Interest rate comparison website, RateCity, has estimated that Australian mortgage holders are facing sizeable increases in repayments on the back of out-of-cycle rate rises by lenders. From The Australian:  …mortgage holders with loans of $500,000 would be hit with a bill for an extra $358 each year if their lender increased rates by 10 basis

The post Mortgage hikes to crunch Aussie borrowers appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]