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The New Daily
The New Daily
Matthew Elmas

‘Razor’s edge’: Duelling futures for mortgage bills as RBA mulls June interest rates hike

June is shaping up as an incredibly close call for interest rates as experts remain split over the future for mortgage bills. Photo: TND

The RBA will decide this week whether to raise mortgage bills for millions of Australian families again, or deliver a June reprieve and pause interest rates to check the economic temperature.

In one scenario, another $78 will be added to monthly repayments on a typical $500,000, 25-year home loan – piling new-found pressure onto already stretched household budgets nationwide.

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