‘It’s quite distressing’: rate rise brings new pain for would-be homebuyers
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‘It’s quite distressing’: rate rise brings new pain for would-be homebuyers
Property prices are still rising at the entry level and as borrowing costs increase, the home ownership dream is even further out of reachFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe third Reserve Bank rate hike in a row has delivered a blow not only to mortgaged homeowners, but also to those hoping to break into the property market like Dani Hunterford and her husband.They have been saving for a deposit but have been left frustrated as another rate hike appears to put their homeowning dream out of reach again. Continue reading...
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