Given The Prospects of Interest Rates Rising, Bite What You Can Chew!
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Given The Prospects of Interest Rates Rising, Bite What You Can Chew!

Given the prospects of interest rates rising, bite what you can chew! First-home buyers with small deposits risk negative equity. Consider, for example, a Sydney buyer who has a $45,000 deposit for a $900,000 home in the scheme. If prices fall in line with NAB forecasts, down about 10 percent by the end of 2023,...

Posted by April 28, 2022April 28, 2022