What the Fixed Rate Mortgage Cliff Means for Australian Homeowners

The era of historically low fixed rate mortgages is coming to an end. How did we get here, and what does this mean for everyday Australian households? In this video, we’ll be taking an evidence-backed, deep dive into what caused the fixed rate mortgage cliff that many Australian homeowners are facing, and investigating the true impact of this on the Australian property market and the economy. Make sure to watch until the end, when we provide 5 practical tips for Australian households to manage the jump in interest rates and the financial pressures that come with it. Chapters: 00:00 - What is the Fixed Rate Mortgage Cliff? 01:49 - What Caused the Fixed Rate Mortgage Cliff in Australia? 03:37 - The Reserve Bank of Australia’s Impact on the Mortgage Cliff 05:10 - The Impact Australian Banks Had on the Mortgage Cliff 07:15 - What the Fixed Rate Mortgage Cliff Means for Australian Households 10:17 - Reasons Why Fixed Rate Loans Aren’t Much More Risky Than Variable 11:44 - The True Impact of the Fixed Rate Mortgage Cliff 12:30 - How to Survive the Impact of the Fixed Rate Mortgage Cliff 14:07 - Tip 1: Negotiate With Your Current Lender 15:06 - Tip 2: Basic Refinancing Strategies 16:22 - Tip 3: Advanced Refinancing Strategies 18:06 - Tip 4: Proactive Budgeting & Income Generation 19:26 - Tip 5: What To Do If Experiencing Financial Distress 21:27 - Final Thoughts on the Mortgage Cliff Please get in touch with us if you need more detailed advice. Find our contact details below 👇 ____________ SF Capital is an award-winning Mortgage Brokeraging firm that specialises in servicing goal-driven professionals, business owners and property investors. Contact us at: (02) 8004 1888 To request an assessment click here: https://www.sfcapital.com.au/contact-us/ SF Capital website: https://sfcapital.com.au/ LinkedIn:   / 3572325   Facebook:   / sfcapital   Instagram:   / sfcapitalgroup   ____________ DISCLAIMER: This video is for informational purposes only and should not be considered financial, legal or tax advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant for tailored advice.