Australian Property Market is ready to CRASH [Multiple Interest Rate Rises ahead] HD

Is the Australian Property market ready to crash? Many of the 1 million borrowers who have never experienced an official interest rate rise could be paying an extra $1000 a month in mortgage repayments by the end of the year, if aggressive market forecasts for rate increases hold true. The Reserve Bank of Australia insists home loan customers are well-placed to handle higher interest rates, with many ahead of their repayments by almost two years. https://www.afr.com/policy/economy/how-much-rate-rises-will-cost-you-20220428-p5agss https://www.afr.com/policy/economy/rba-to-signal-multiple-interest-rate-rises-20220429-p5ah8b https://www.theguardian.com/business/2022/apr/29/interest-rates-are-set-to-start-rising-what-does-that-mean-for-mortgage-holders-and-homebuyers https://www.news.com.au/finance/real-estate/why-the-australian-housing-market-is-finally-ready-to-crash/news-story/7a28d3d5bc9b5d3ac115cac86d87e4d4 https://www.news.com.au/finance/economy/interest-rates/cash-rate-rise-could-see-mortgages-rise-by-whopping-1250-a-month/news-story/7a895e61dc2b611995464b66f70957e4 https://www.propertyology.com.au/house-prices-could-still-double-even-with-interest-rate-rises/ For more info https://www.huntergalloway.com.au/ https://www.huntergalloway.com.au/mortgage-broker-brisbane/ For home loan enquiries https://www.huntergalloway.com.au/contact/ Find Jayden here: https://www.huntergalloway.com.au/free-assessment/ https://www.facebook.com/MortgageBrokerBrisbane/ https://www.huntergalloway.com.au/mortgage-broker-brisbane/ https://au.linkedin.com/in/jaydenvecchio T: 1300 088 065 E: https://www.huntergalloway.com.au/contact/ Mortgage Broker Brisbane - Hunter Galloway Head Office: 3 Latrobe Tce Paddington QLD 4064 PO Box 841, Paddington QLD 4064 CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000 Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality. Next steps and settling your first home Our team here at Hunter Galloway is here to help you buy a home in Brisbane. Nathan & Joshua Vecchio are Senior Mortgage brokers who specialise in making your home journey easy. Unlike other mortgage brokers who are just one person operators, we have an entire team of experts to help make your home loan journey as simple as possible. If you want to get started, please get in touch and we can book a time that suits you – either a phone call information session or a face to face meeting (which doesn’t cost anything for you). https://www.huntergalloway.com.au/contact/