Live Q&A: How high will mortgage rates go? Economist Tony Alexander answers your questions

Data from property research firm CoreLogic showed 24 per cent of all purchasers were first-home buyers in the third quarter of 2022. Photo / Fiona Goodall

The Reserve Bank delivered an unprecedented 75 basis point hike yesterday, taking the official cash rate (OCR) from 3.5 per cent to 4.25 per cent – its highest level in 14 years.


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