SBS News – Australia
·australia
·3 hours ago
Borrowers weigh refinancing options as rates forecast to reach 4.85 percent
As economists predict more interest rate hikes by Christmas, borrowers are contemplating refinancing options. Westpac's chief economist expects rates could rise to 4.85 percent by mid-August, prompting some to consider locking in fixed rates. However, analysts warn that doing so could prevent benefits from potential future rate cuts amidst ongoing global uncertainties.
Summary by Glance · SBS News – Australia
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