The Latest Breaking News from Sally Tindall

As fixed mortgages end and rates rise, many risk losing their homes

Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.

ABC News · Jun 22, 2022

Double-digit drops in capital city property prices likely after RBA rate hikes

Borrowers may find themselves in a ‘mortgage prison’ but low jobless rate means most households should still be able to pay off their loan, experts say

The Guardian - AU · Jun 9, 2022

Why savers are unlikely to benefit much from the RBA rate hikes

RBA governor Philip Lowe jacked up the cash rate by a surprise 50 basis points on Tuesday. But savers are unlikely to benefit much in the short term.

The New Daily · Jun 8, 2022

Coalition super housing policy likely to inflate prices by increasing demand, analysts say

Saul Eslake points to ‘unambiguous and unequivocal evidence’ showing such policies lift prices rather than home ownership

The Guardian - AU · May 16, 2022

'Big four' banks made huge profits as Australians took out bigger mortgages for pricier housing

Australia's big four banks — ANZ, CBA, NAB and Westpac — now hold a whopping $1.87 trillion in home loans, and raked in big profits as Australians took on massive home loans.

ABC News · May 9, 2022

Buyers warned about rushing into government’s First Home Guarantee scheme

Predicted rate rises and falls in property values pose risks to those considering loans with a 5% deposit, experts say

The Guardian - AU · Apr 28, 2022

Interest rates are set to start rising. What does that mean for mortgage holders and homebuyers?

The RBA could hike rates as early as May. Will borrowers race towards fixed-rate home loans?

The Guardian - AU · Apr 28, 2022

Mortgage holders in outer suburbs could face ‘huge cliff’ as inflation and rates rise, experts say

Inflation jumped in March, sparking expectations of a cash rate rise before the election, and concerns for mortgage holders

The Guardian - AU · Apr 27, 2022

Rents 'explode' across the country, as house prices fall in many Melbourne, Sydney suburbs

Record low numbers of available rental properties across the country are pushing up the price of rents in a "crisis" that analysts predict will worsen.

ABC News · Apr 12, 2022

Australia’s first-home buyers urged to ‘go in with eyes wide open’ about future rate rises

The good news is more places on offer in the first-home guarantee scheme. The bad news could be higher mortgage repayments

The Guardian - AU · Apr 5, 2022