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Cash rate rise: What the RBA's June announcement means for Canberra mortgage holders

Brittney Levinson
By Brittney Levinson
June 7 2022 - 6:47am
Home owners are facing higher mortgage repayments following the RBA's June announcement. Picture: Keegan Carroll

Recent entrants to Canberra's property market may need to fork out more than $2800 extra each year to cover their mortgage, following a higher than expected increase to the official cash rate.

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Brittney Levinson

Brittney Levinson

Property reporter

Brittney Levinson joined The Canberra Times in 2021 as part of ACM's national property team. As the region's dedicated property journalist, Brittney covers everything from real estate trends and new developments through to the stories behind the record-breaking sales. Got a news tip? Get in touch: brittney.levinson@canberratimes.com.au