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Marion Rae

Mortgage cliff looms as cheap loans expire

Domain Nicola Powell Inflation Interest Rates

House prices suffered the fastest quarterly decline on record in 2022 after last year's growth. (Bianca De Marchi/AAP PHOTOS) (AAP)

The once-in-a-generation property boom is over and 2023 is expected to bring more mortgage pain.

Following extraordinary price growth last year with interest rates at historic lows, 2022 house prices across capital cities have suffered the fastest quarterly decline on record, the latest Domain report shows.

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California Democrat Accuses Republicans of Trying to 'Intimidate Latino Citizens' Into Not Voting Amid ICE Raids

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One subscription that gives you access to news from hundreds of sites

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