Homebuyers in Australia borrow more amid low interest rates

Note: This section contains information in English only.
Source: Bloomberg
The total value of new mortgages that have been taken by Australian homebuyers surged on a record pace in November of the last year, as they want to get benefits from very low interest rates. In November Australians borrowed $23.8 billion, a 25% annual jump. At the same time, some analysts expect the RBA's main rate to increase later this year, making mortgages more expensive.
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