Mortgage ‘cliff’ looming for home owners when fixed-rate loans end - Sydney Morning Herald

Experts are warning borrowers who were able to lock in low, fixed mortgage rates early in the pandemic face a jump in repayments once their terms expire.

When their fixed rate ends in July 2023, RateCity calculated they would be faced with an average revert rate of 5.68 per cent, based on Westpacs forecasts for the official cash rate, which would see … [+2766 chars]

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