10/06/2024
๐จ ๐๐๐ซ๐ข๐๐๐ฅ๐-๐๐๐ญ๐ ๐๐จ๐๐ง๐ฌ ๐๐๐๐๐ก ๐๐๐ฐ ๐๐๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ๐ข๐ญ๐ฒ ๐จ
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Back in March 2020, at the start of the pandemic, 13.38% of new borrowers were choosing fixed-rate loans and 86.62% were choosing variable. But in March 2024, a staggering low of only 1.40% of new loans were fixed, compared to 98.60% variable, according to the Australian Bureau of Statistics. The re...