5 challenges mortgage holders will face in 2023
“We’ll see first home buyers who tried to outbid investors reach their absolute limit with loan repayments and likely face mortgage stress. Among the self-employed, cash flow will be one of their biggest challenges, particularly when paired with rising interest rates.”
As the RBA lifts interest rates to a 10 year high, families around the country are nervously thinking about what the next 12 months will look like for them.
I’ve identified the top five challenges mortgage holders will face come 2023, but most importantly, how they can overcome them.
Whether you’re looking to borrow, already have a mortgage or planning to refinance, see all of my advice just click here
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