Interest rate rises will see property prices fall further as maximum home loan sizes shrink - ABC News

8/1/2022 12:00:00 AM2 years 9 months ago
by Emilia Terzon

The Reserve Bank is expected to raise the cash rate again today. It comes as banks pass on interest rate rises and cut back how much they'll loan to wannabe home owners.

Property prices may be dropping but that doesn't mean that wannabe home owners are suddenly celebrating. Key points: