Interest-rate rises are coming: is it time to fix your home loan? - Sydney Morning Herald

When official interest rates rise – as most economists expect to happen on the first Tuesday in June – about a million borrowers who have taken out mortgages over the past decade, will never have felt the pinch of a rate hike.

Across the big-four banks, 1-year fixed rates are now nudging 3 per cent, 2-year fixed rates are at about 4 per cent and 3, 4 and 5-year rates are well above 4 per cent hitting 5 per cent in some cas… [+3699 chars]

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