average mortgage rates

Last week’s National Press Club address by Reserve Bank of Australia (RBA) governor Philip Lowe included this chart showing that the rise in mortgage rates in Australia has been more severe than most other developed nations:Australia’s…

When it comes to the intergenerational debate between Baby Boomers and younger people, there is one talking point that almost always get trotted out: How Boomers at one point paid 17 per cent interest rates on mortgages.The debate about…

Since the RBA first began raising interest rates in May last year, it has come under a great deal of criticism for raising rates much earlier than its previous commentary had suggested. The broader narrative was that it was highly unlikely…