7News

Interest Rates

Interest Rates

BusinessFinanceBankingRetailEconomyMarkets

An extra $12,000 a year: Headache for mortgage holders as interest rates rise again

The Reserve Bank of Australia on Tuesday hiked the cash rate to a 10-year high.

3 min read

The RBA board on Tuesday announced the RBA was issuing a 25 basis point rise, taking the cash rate to 3.35 per cent.

800,000 Australian households warned of new mortgage shock. Here’s how much it could cost you

Hundreds of thousands of Australians are in the firing line in 2023.

4 min read

The Reserve Bank of Australia predicts 800,000 Australian households could be in for a rude awakening when their fixed rate expires this year.

Grim prediction for millions of Aussies as more cash pain to come

3 min read

Some Australians could be forced to find more than $1000 extra dollars in their monthly budgets. Here’s why.

Eight straight? RBA tipped to inflict pre-Christmas pain with another costly rate rise

2 min read

An expert panel will give the government a list of ways to renew the Reserve Bank of Australia. (Steven Saphore/AAP PHOTOS)

An extra $760 a month: Australians hit with seventh straight rate rise

4 min read

The Reserve Bank of Australia has raised the cash rate for a seventh consecutive month, piling on the pain for millions of borrowers.

How to save thousands on your mortgage amid rising interest rates

2 min read

Experts say now is the time to get a better deal on your home loan.