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Australia’s love affair with fixing ends as refinancing surges

New borrowers have turned their backs on fixing, with just 12% of the value of new home loans fixed in May, according to the ABS.

What is a digital home loan?

With interest rates on the rise as the RBA looks at further raising the cash rate to tackle inflation, many Australian mortgage holders may be looking at their refinancing options. If the home loans offered by the big banks aren’t as competitive as you’d like, a digital home loan may be an alternative to consider. 

Australia stares down the barrel of another double RBA hike tomorrow

The RBA is set to hike the cash rate tomorrow, either by 0.25 or 0.50 percentage points, as the Board moves to curb inflation.