variable rate

Aussie homeowners rolling off ultra low fixed rates face being hit with a whopping $2700 increase to their monthly repayments if they are put on their lender’s variable rates and do not shop around to refinance, experts have warned.It would…

Treasurer Jim Chalmers has revealed his grim outlook for the Australian economy in 2023, with one “big issue” predicted to spell trouble for hip pockets. Speaking to radio station 2GB on Tuesday, Dr Chalmers pointed at one in particular of…

Treasurer Jim Chalmers says Australia will be watching China’s response to its latest Covid outbreak closely, as he warned the nation is “not immune” to an impending global downturn. Speaking in Queensland on Monday, Dr Chalmers said while…

The fallout from Philip Lowe’s interest rate “apology” is growing, with the overwhelming majority of Aussies now calling for the RBA boss to face the music. On Monday morning, Dr Lowe issued a stunning apology to Australians who took out a…

If your mortgage is up for renewal in the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada continues its interest rate hiking cycle. The Bank of Canada hiked its…

Australian homeowners could be scrambling to find an extra $1000 to $2100 to make their monthly mortgage repayments, with chilling predictions interest rates could skyrocket above 6 per cent next year.The average variable interest rate…