Episode Details

With the Reserve Bank (RBA) announcing its policy decision for April, there is much speculation about whether the central bank has reached the peak of its current rate hike cycle or if there is still more pain to come for borrowers.

So in this episode, Smart Property Investment’s Phil Tarrant and Finni Mortgages’ chief executive, Paul Glossop, talk about the factors that will affect the bank’s decision-making process in the coming months before unpacking the current sentiment among consumers, particularly borrowers who are bearing the brunt of the rate increases.

With owner-occupier refinances hitting a record high, the duo discuss the importance of borrowers “looking under the hood” of their loans before looking into how mortgage holders can “sharpen the pencil” on their finances.

Lastly, they also share their opinion on where — and when —  the RBA may choose to close out its rate rise cycle.