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If the RBA is keeping rates steady, why are fixed interest rates increasing?

The interest rate on some fixed-rate home loans is on the rise, despite no upward movements from the Reserve Bank (RBA). Today, the RBA decided it would continue to hold the official cash rate at 0.10%. It is the sixth consecutive month the figure has remained unchanged. But despite no moves from the RBA, April […]

The interest rate on some fixed-rate home loans is on the rise, despite no upward movements from the Reserve Bank (RBA). Today, the RBA decided it would continue to hold the official cash rate at 0.10%. It is the sixth consecutive month the figure ha...

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