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Economy

Mortgage Rates Increase | Banks Begin Hiking Rates

The Commonwealth Bank has increased the interest rate on their four years fixed-rate mortgage.

#Mortgages #Economy #HeiseSays

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The Commonwealth Bank has increased the interest rate on their four years fixed-rate mortgage. Is this the beginning of years of mortgage rate raises and will we finally start to see the impact of mortgage stress?

References

Major bank hikes interest rates

https://au.finance.yahoo.com/news/commonwealth-bank-hikes-interest-rates-014102274.html