Mortgage prisons and forced sales: How to avoid 3 cash rate risks
Interest rates are widely forecast to go up 50 basis points again today, potentially adding another $160 a month to an average $600,000 mortgage. That will take the total additional repayment pain since May to $707. The good news is that the Reserve Bank of Australia (RBA) may now sit back and survey its handy work… (probably) 225 …
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