mortgage cliff

Superficially, it appears Australia’s house price correction may already have ended.PropTrack’s dwelling values index recorded a 0.2 per cent rise in February, which follows January’s 0.1 per cent increase.Capital city dwelling values rose…

Around 800,000 Australian households are facing a financial horror-show this year as their fixed rate mortgage periods expire, leaving them exposed to the much higher interest rates that have resulted from consistent, aggressive hikes by…

Taylor and her husband Brent* have worked diligently to build their property portfolio overthe past seven years. The Gold Coast couple own two local investment properties, and lastyear bought an owner/occupier home ahead of the birth of…

In a landscape of skyrocketing interest rates and a cost of living crisis that has seen staples like groceries, petrol and utilities increase over the past year, a growing number of Australians are already feeling the pinch. With the RBA…

In recent months there has been a great deal of debate surrounding the “fixed rate mortgage cliff” and its impact on the housing market and the broader economy. Opinions on the issue range from it being viewed as a relative non-event, to…

About $29.8bn worth of fixed rate mortgages will expire by the end of the year, which will mean an extra $641 in monthly repayments for homeowners by Christmas, as the Reserve Bank of Australia looks set to deliver even more bad news.The…