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Australian fixed mortgage rates rise ahead of RBA meeting, market talk

Australian fixed mortgage rates are rising ahead of the end-of-month RBA policy meeting. Markets expect the Reserve Bank of Australia to raise the official cash rate.

Fixed mortgage interest rates in Australia are rising ahead of the central bank's policy meeting at the end of the month. Markets expect the Reserve Bank of Australia to raise the official cash rate by 25 basis points. The likely hike comes as house prices are in a sharp retreat. After weeks of ina…