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Rising mortgage rates put pressure on home owners as building insurance becomes a concern
Published 2 years, 11 months ago
Description
In this episode of Mortgage Business Uncut, the hosts discuss the recent property market trends and the challenges faced by borrowers. They highlight the concerns raised by the major banks about people not paying building insurance and the potential risks associated with it.
This week, they discuss:
- The impact of rising interest rates on borrowers' spending and subscriptions
- The changes in the RBA's meeting schedule and governance
- The new era for the RBA under the new governor Michele Bullock