In this episode Jon Williams caught up with Stacey Dragicevich from Mortgage and Finance Solutions Australia to talk about the current lending landscape and changing interest rates.
The current inflation outbreak in Australia prompted the Reserve Bank to lift rates for the first time in over 10 years. While only a small rise, most economists agree that more increases maybe on the horizon.
Keeping this in context, we are coming off incredibly low interest rates so not a dramatic change for most, but it is still a great opportunity to re assess your
situation, the way your loans are set up and how any further increases may impact you.
To get a financial health check or to speak with one of the expert brokers go to mfsa.com.au