If a lot of first home buyers are sruggling now on such low rates imagine the carnage when the FHBG stops. It was always going to happen.
With unemployment to rise......OMG!....you dont need a crystal ball....just half a brain.
The most dangerous time to buy property is at the bottom of a rate cycle. For obvious reasons. And i dont buy the 'fix your rate' line. Dont ever believe the banks are giving money away and fixing rates rarely works in favor of the borrower.
Maybe nonrecourse predictions will eventuate.
With unemployment to rise......OMG!....you dont need a crystal ball....just half a brain.
The most dangerous time to buy property is at the bottom of a rate cycle. For obvious reasons. And i dont buy the 'fix your rate' line. Dont ever believe the banks are giving money away and fixing rates rarely works in favor of the borrower.
Maybe nonrecourse predictions will eventuate.