By General
Fixed mortgage rates have been edging higher while variable rate changes remain uneven, squeezing borrowing capacity for first-home buyers and property investors alike. Canstar's latest Weekly Rate Wrap-up points to a thinner pool of sharp deals and a more challenging environment for refinancing and new lending. The pressure is most visible at the lower end of the market. There are now 89 home loan rates below 5.75% on Canstar's database, down from 101 the week before, reducing the chances of substantially cutting repayments by switching.
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