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Can’t pay that mortgage? Three ways to fix it
Manage episode 430351346 series 1433535
Whether you are an investor or an owner-occupier, the interest rate rises of recent years can be a squeeze.
But you do have options, including extending the life of your mortgage or switching to interest-only: Under both these arrangements you will pay less each month.
Or maybe you could hold on a little longer, economists still believe we will see rate cuts early next year.
In today’s show we cover:
Is the national property market cooling?
Getting over your mortgage cliff?
How bank stocks and house prices are getting closely linked
Preparing for a second ‘Trump bump’
Our guest is Nerida Conisbee, chief economist at the Ray White group.
See omnystudio.com/listener for privacy information.
446 episodes
Manage episode 430351346 series 1433535
Whether you are an investor or an owner-occupier, the interest rate rises of recent years can be a squeeze.
But you do have options, including extending the life of your mortgage or switching to interest-only: Under both these arrangements you will pay less each month.
Or maybe you could hold on a little longer, economists still believe we will see rate cuts early next year.
In today’s show we cover:
Is the national property market cooling?
Getting over your mortgage cliff?
How bank stocks and house prices are getting closely linked
Preparing for a second ‘Trump bump’
Our guest is Nerida Conisbee, chief economist at the Ray White group.
See omnystudio.com/listener for privacy information.
446 episodes
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