GgoogleAU first seen 18 d ago, last 21 h ago, peak #2

Mortgage holders brace for another interest rate rise

Original: rate

Interest rates are back in focus as the US Federal Reserve's minutes show officials expect another hike, with no timing confirmed. In Australia, money experts are advising mortgage holders on simple steps to soften the blow of a possible further Reserve Bank rise, while a local council proposes a special rate variation. Home owners are weighing what another increase would mean for repayments.

Why now: Fresh Federal Reserve minutes and the prospect of further rate rises in Australia are renewing anxiety about mortgage costs.

Federal ReserveReserve Bank of Australia7NEWS60 Minutes

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Evidence

• Rare chance to see Reserve Bank react to inflation data · Yahoo Finance Australia
• 60 Minutes: Oct 25 · TV Tonight | Australia's Leading TV Blog
• Money expert shares simple steps mortgage holders can take to soften blow of another interest rate rise · 7NEWS
• Fed officials see another hike coming, but no sign as to when, minutes show · CNBC
• Find out why Council is proposing a Special Rate Variation · Byron Shire

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