When will Interest Rates Go Down?

EC546074-7426-445E-8917-C80F41672250.jpg

Credit: SBS Russian

Today there was another, the tenth in a row, increase in interest rates. The official interest rate is now 3.6%. We contacted mortgage holders in Melbourne and the Gold Coast, as well as mortgage broker Olga Kulik from Adelaide, to find out what to do when mortgage payments become unbearable.



Share

Follow SBS Russian

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Russian News

Watch now