Homeowners with a mortgage will likely be hit with higher loan repayments just in time for Christmas following the RBA decision to increase interest rates by a further 25 basis points this afternoon.
Mortgage holders are set to be slugged with another round of rate hikes following a seventh straight increase to the cash rate from the RBA at its November board meeting.
Australians with a mortgage are in for another hit to their home loan repayments after the Reserve Bank lifted interest rates by a further 25 basis points at its October board meeting.
Aussie homeowners with a mortgage are in for yet another round of repayment increases following the RBA decision to lift interest rates by a further 50 basis points at its September board meeting.
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.