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Property Finance Uncut: RBA delivers Christmas rate rise pain — Here's how borrowers should spend their holidays
With the Reserve Bank of Australia delivering a year-end rate pain and borrowers facing a dreaded "mortgage cliff" this Christmas, these experts recommend mortgage holders change up their holiday plans and take steps to strengthen their financial positions.
With the central bank pumping up the cash rate to its highest level in a decade this December, Smart Property Investment's Phil Tarrant and Finni Mortgages chief executive Paul Glossop call on mortgage holders to review their loans and take proactive steps to weather the rate hike headwinds.
The duo also lay out strategies on how investors…
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