(ASX: CBA) Why Commonwealth Bank chief Matt Comyn is alert but not alarmed about mortgage stress on borrowers - Sydney Morning Herald
8/9/2022 12:00:00 AM2 years 8 months ago
by Elizabeth Knight
by Elizabeth Knight
Borrowers are now just digesting the interest rate entree. The rest of the degustation rate meal will be served over the next five months.
For instance, about 40 per cent of borrowers is on low fixed interest rates. Only a small portion of these loans will come to term this year. The bulk of these fixed loans roll off in a year to 18 mo… [+2584 chars]
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