Who’ll be hit hardest by 10 rate rises and counting? What the RBA’s tack means for property
Average mortgage rates have more than doubled since the Reserve Bank began its hiking cycle in May last year, but not everyone is being impacted equally. This time last year, mortgage holders were dishing out about 2.9% in interest, while this has now increased to 5.9% – and could go even higher. Some Australians are being hit …