Working out the most effective debt reduction strategy for you

By Darryl Dixon
Updated February 12 2017 - 1:09pm, first published January 20 2017 - 8:27am
The only way seems up for interest rates. Photo: AFR
The only way seems up for interest rates. Photo: AFR

As widely expected, financial institutions have gradually been increasing their mortgage interest rates especially the longer term fixed rate offerings. This has been triggered by expectations of higher US interest rates following the Trump election victory.

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