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Can’t pay that mortgage? Three ways to fix it
The Money Puzzle
Can’t pay that mortgage? Three ways to fix it
July 23, 2024• 31m
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.