Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Dominic Giannini

FOUND: More mortgage pain to become reality - What They Never Told You

Some 20 per cent of borrowers will come off fixed rates this year, says Minister Katy Gallagher. (Lukas Coch/AAP PHOTOS) (AAP)

Hundreds of thousands of Australians are bracing for a spike in their interest rates when their fixed rate mortgages end this year.

Finance Minister Katy Gallagher says 20 per cent of mortgage holders - some 660,000 households - will come off fixed rates in 2023.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.