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Tag: Interest Rates

What’s happening with Australia’s interest rates and how govt is helping new buyers?

Australia's refinance $20bn in loans

With lots of people coming off fixed rates right now, it’s no surprise that an enormous amount of refinancing is occurring as borrowers look to switch to lower-rate loans. The latest Australian Bureau of Statistics (ABS) data has revealed that borrowers did $20.60 billion of refinancing in August, which was 3.9% lower than the month […]

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