SBS On the Money: Why RBA may lift rates quickly to 3.35%
On the Money Source: AAP / AAP/SBS
Westpac has revised its call for the peak in interest rates to 3.35% by February next year, which may add $908 a month to an average mortgage repayment on a $500,000 25 year loan. SBS Finance Editor Ricardo Gonçalves speaks with Westpac Senior Economist Matthew Hassan for more, plus Heath Moss from HLM Investments for the day on the markets.
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