Interest Rate Rises Could Force House Sales
Interest Rate Rises Could Force House Sales – The Mortgage Choice survey, completed before the Reserve Bank’s Melbourne Cup day decision to lift the cash rate, found 9per cent of mortgage holders could not afford any increases to the repayments on their loans, The Australian reports. The survey found that the two further 25-basis-point increases [...]
Tags: Australian Couple, Bad Decision, Basis Point, Choice Survey, Consumer Sentiment, Credit Card Debt, Family Budget, Finance Matters, Fixed Rate Loan, Gfc, House Sales, Interest Rate Rises, Loan Contract, Melbourne Cup, Mortgage Choice, Mortgage Holders, Overstretched, Wallaroo, Westpac, Yorke Peninsula
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