MORE and more Australians are being kept awake at night by the pressure of keeping up with their mortgage payments. Are you one of them? Take our simple yes-and-no test to find out. more
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Higher interest rates are tipped to force more than a million Australian households into a state of mortgage stress by the end of the year, a new report says. read more
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With the after-shocks of the past interest rate rises still being felt by many home buyers and the real impact not fully clear until the next quarterly figures, it is a great relieve for many that the RBA (Reserve Bank of Australia) has decided to hold further increases – well, for now anyway.
Given the [...]
DESPERATE home owners overwhelmed by interest rates and the high cost of living are renting out bedrooms in order to survive financially.
The combined effect of the housing and rental crises is believed to be causing more home owners to seek “lodgers” to provide more income to the household.
Housing Industry Association (HIA) chief economist Harley Dale [...]
IT’S every home owner’s heartbreak — watching the value of their home plummet to half the price they paid within a few years. And in working-class suburbs around the country, it’s becoming an all-too-regular occurrence, The Australian reported. read more
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