‘Unprecedented times’: Rate rises lead to concerns for homeowners | Englishheadline


RateCity Research Director Sally Tindall has raised concerns for homeowners after the RBA decided to announce a rate rise of a quarter of a per cent.

“There are unprecedented times … a lot of borrowers who set out on this journey of earning a home didn’t ever think that they would see rates that high in their lifetime, let alone in the space of just over a year,” Ms Tindall told Englishheadline Australia.

“Yet here we are, rates that start with a six are the norm now.”

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