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Property Finance Uncut: RBA serves up first 2023 rate hike- Stop overpaying on your mortgage
Manage episode 354683117 series 2987065
With the RBA serving up a 25-basis-point rate hike in February, can borrowers continue to hold the line? While the going is getting tough for property investors, these experts say it’s time to take control of their mortgage. With the RBA set to continue its fiscal policy tightening in 2023, Smart Property Investment’s Phil Tarrant and Finni Mortgage’s chief executive Paul Glossop advised investors to ‘finetune’ not just their mortgages but other aspects of their finances, such as rental income. As the financial landscape rapidly changes, the pair also unpacks how lenders are becoming more competitive with their offerings before providing strategies on how borrowers can leverage these opportunities. The duo also underlines the importance of being proactive in optimising their financial position as the RBA’s rate rise cycle continues in the coming months.
1085 bölüm
Manage episode 354683117 series 2987065
With the RBA serving up a 25-basis-point rate hike in February, can borrowers continue to hold the line? While the going is getting tough for property investors, these experts say it’s time to take control of their mortgage. With the RBA set to continue its fiscal policy tightening in 2023, Smart Property Investment’s Phil Tarrant and Finni Mortgage’s chief executive Paul Glossop advised investors to ‘finetune’ not just their mortgages but other aspects of their finances, such as rental income. As the financial landscape rapidly changes, the pair also unpacks how lenders are becoming more competitive with their offerings before providing strategies on how borrowers can leverage these opportunities. The duo also underlines the importance of being proactive in optimising their financial position as the RBA’s rate rise cycle continues in the coming months.
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