#Housing #InterstRates #HeiseSays
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.
References
Westpac bank HIKES rates, makes record move
https://au.finance.yahoo.com/news/westpac-hikes-rates-004248858.html