Reserve Bank holds interest rates for now but home owners brace for mortgage shock - ABC News

4/4/2022 12:00:00 AM3 years 1 month ago
by Michael Janda, Emilia Terzon

The Reserve Bank leaves the official cash rate on hold near zero, but borrowers are already bracing for what life may look like with higher mortgage interest rates.

The Reserve Bank has left the official cash rate on hold near zero, but borrowers are already bracing for what life may look like with higher mortgage interest rates. Key points: