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Can’t pay that mortgage? Three ways to fix it

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.

Original URL: https://www.theaustralian.com.au/business/economics/cant-pay-that-mortgage-three-ways-to-fix-it/audio/5610e34e4c78afc4c47ed992ef5d952f