Home buyers brace for financial pain as economy sits on knife-edge - Sydney Morning Herald

Financial markets are tipping official interest rates to reach 2.5 per cent by year’s end, increasing monthly mortgage repayments by up to $1000 and risking the economy.

A full percentage point increase would take the average repayment to $3592. Financial markets believe the RBA could have the official cash rate at 2.5 per cent by years end, which would translate int… [+2485 chars]

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