Will the RBA be able to keep banks afloat as fixed loans switch to variable?, page-4

July is crunch day for 800,000 odd home loans switching from Fixed rates to the new variable rates

They just went up a few minutes ago to "RBA lifts cash rate by 0.25 percentage points to 3.85%"

Average new rates will be 4.8%+ or more?

My view is people borrowing at almost 0% interest rates not expecting a normal rate of interest are a bit silly or poorly informed!

Ditto for business including several US banks?