Pandemic measure set to cause interest rate pain for thousands of CBA customers - Sydney Morning Herald
8/14/2022 12:00:00 AM2 years 8 months ago
by Shane Wright
by Shane Wright
A decision by the nation’s largest lender to help ease financial pressure on home buyers two years ago is going to bite the same people in the coming months.
Aird said this delay would probably have a macroeconomic impact. There is a lag between changes in the cash rate and the impact it has on monthly cash flow for borrowers on a floating rate mortgage,… [+2509 chars]
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