2008 Not Looking Great for Mortgage Holders
Sunday, January 27th, 2008What a start the year 2008 has had with the news out of the US economy continuing to worsen being strongly reflected in the global stock markets, not excluding our own with substantial falls reducing the market to mid-late 2006 levels and a return of volatility.
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- New Reserve Bank rise means we’ll pay more on our mortgages
- Want to be a first homeowner? Affordability study says you’re too late
- Mortgage repayment problems on the rise
- Banks warned not to raise our mortgage rates again
