As interest rates rise around two million homeowners will have to remortgage to a much more expensive deal this year and next. The wrong decision could prove costly.
Commonwealth Bank, NAB, ANZ, and Westpac make up the majority of the Australian banking sector. How have their predictions about official interest rates held up so far? Read more, here at Mozo.
To help you keep track of home loan interest changes, this page will be regularly updated with the size of the increase and when it will come into effect.
Between rising interest rates and plummeting prices, there's a lot to consider when buying in. We weigh up the pros and cons of leaping into a market downturn. Read more, here at Mozo.