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Fixed-rate borrowers brace for jump in repayments as cheap home loan period ends | 7.30 1 год назад


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Fixed-rate borrowers brace for jump in repayments as cheap home loan period ends | 7.30

While Tuesday's decision to not raise interest rates comes as a welcome relief to borrowers, there are growing concerns about the impacts on households of sustained high interest rates. As Angelique Donnellan reports, hundreds of thousands of Australians are also bracing for a rate shock as they come off low fixed rates this year. Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia

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