Westpac has already passed on the interest rate rise to customers in full, after the Reserve Bank lifted it by half a per cent - the biggest jump in 22 years. It means.. on a mortgage of half a million dollars.. you'll pay an extra $133 per month. Almost $200 more on a $750,000 dollar loan And.. an added $265 on a one million dollar mortgage It comes as we're warned of more rate hikes to come.. possibly all the way through until Christmas
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