CBA, NAB, ANZ, Westpac interest rates: Jarden goes underweight on banks after housing downgrades - The Australian Financial Review
6/15/2022 12:00:00 AM2 years 10 months ago
by James Eyers, Ayesha de Kretser
by James Eyers, Ayesha de Kretser
Analysts say sentiment towards big lenders will remain weak despite record low unemployment, as a wave of fixed-rate refinancing approaches.
Analysts at RateCity released a report showing that the fixed-rate mortgage cliff will peak in the second half of next calendar year. With almost 40 per cent of all mortgages on fixed rates, after b… [+4100 chars]
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