The question on every borrower’s mind: How high will interest rates go? - Sydney Morning Herald
3/27/2022 12:00:00 AM3 years 1 month ago
by Matt Wade
by Matt Wade
Most pundits agree interest rates are set to rise. But where will they will peak?
As soon as the cash rate goes up the interest paid on the overall stock of household debt goes up very quickly, he said. According to CBA, a rise of more than 2.5 per cent - in line with financial m… [+1909 chars]
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