With Westpac the latest Bank to Increase their fixed mortgage interest rate, many are asking if rate hikes will crash housing? But with low Negative Equity, significant pre-payments and liquidity buffers the resilience of our housing market may be stronger than some expect.
#Finance #Economy #HeiseSays Westpac Hikes Interest Rates as the cheap money from the reserve bank comes to an end. References Westpac hikes two- and three-year rates https://au.finance.yahoo.com/news/westpac-hikes-interest-rates-230924695.html
55% of Tasmanian’s with a mortgage are in crisis according to a recent choice survey.
It’s Cheaper to buy than rent at the moment and the Winners of the Housing Boom are singing all the way to the bank.
The RBA won’t stop the housing boom, will they create or grow a housing bubble as they try to save the economy?
The media are kind enough to share the locations of where property and sales are surging and where it’s predicted to rise.
The media is highlighting the struggles of a professional couple, with a $173k deposit, trying to enter the housing market in Perth.
With housing prices growing after Australia’s first recession in 28 years and first home buyers being priced out of the market is it hopeless to wait for a housing price crash when our politicians have shown the intervene in the market and do more harm than good?
The Commonwealth Bank has increased the interest rate on their four years fixed-rate mortgage.
Inner-City Brisbane Greens, from an area with million-dollar houses, are trying to stop a development in another city that would provide affordable housing.