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Aussie Homebuyers Brace for Rate Hikes
Description
Aussie homebuyers face rising mortgage rates as the Reserve Bank of Australia increases the cash rate, with most lenders set to pass on the hike. ING offers lower variable rates for new customers, but existing borrowers are left out. Experts predict fixed rates will climb, and the RBA may not be done yet. Homebuyers should watch lender moves closely for their next payment plan.
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