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By Rodrigo Santos Andrade
Meet the mortgage business owner whose housing cost is about to treble
visibility comment0 event October 2, 2026 timer 11:36
For five years, the interest rate on Richard Merrett’s mortgage was locked at 1.14% but with the ultra-cheap deal set to expire in early 2027, he faces a sudden trebling of his monthly housing costs from $728 a month to $2,184.
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