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lower rate

‘Much needed cash’: $141b issue to hit

An avalanche of refinancing is expected in the coming months after 10 hikes sent interest rates skyrocketing with Aussies scrambling to find a better deal due to a whopping $141 billion worth of fixed rate mortgages set to expire.The number…

‘Forced to sell’: New interest rate blow

A chilling warning has been issued that some Australians could be “forced into selling their homes” after a regulator refused to budge on a key issue influencing bank’s interest rates decisions.The Australian Prudential Regulation Authority…

Desperate homeowners being forced to sell

Desperate homeowners slammed by seven consecutive rate rises are being forced to sell up with the number of distressed listings nationwide jumping by more than 15 per cent since May, new research has shown.Interest rates have risen from a…