DislikedMortgage holders should prepare for an inevitable interest rate rise in the next six months, Australia's main finance broker organisation has warned. Big banks are set to raise rates before the end of the year regardless of whether the Reserve Bank of Australia lifts the official cash rate, Finance Brokers Association of Australia spokesman Peter White told AAP People with loans and those looking at investing need to be prepared, he said. "It can be dangerous because ... they don't think about the consequence of when rates go up," Mr White said....Ignored
http://www.smh.com.au/business/big-f...14-go699i.html
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