January 8, 2018
Home loan rates will likely rise a bit in 2018 but are not expected to take a big jump up, experts believe.
Reserve Bank data shows average fixed-rate mortgages rose by between 11 and 17 basis points between December 2016 and October 2017.
On a $350,000 mortgage fixed for two years over a 25-year term the increase was equivalent to an extra $22 a month.
But it was lower than had been expected. Read the full story here.
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