Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Expiring Fixed Rate Mortgages: Your Essential Guide and the Ripple Effects

24:30
 
Share
 

Manage episode 358971880 series 2964023
Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

A huge amount of fixed rate mortages are about to expire - almost a million this year alone. There's also a tussle underway as the banks compete for customers looking for the best refinancing deal. This episode we take a look at the impact on mortgage holders - from those on fixed rates, to those locked in 'mortgage prison', to those on variable loans facing into at least 10 interest rate hikes in a row. We analyse the rates on offer at the moment, what a 'good deal' looks like (and how to haggle) and what to do if you're in financial stress. And we haven't forgotten the SAVERS. Find out what's being offered to them now interest rates are on the rise, and how to do a health check on your savings account. RateCity Research Director Sally Tindall joins Gillian to explain this intriguing data story.

Linked Episode: How to avoid 'mortgage prison'

Resources for people in financial stress (thanks RateCity for compiling these):

  1. National Debt Helpline: 1800 007 007
  2. Good Shepherd no interest loans
  3. Services Australia Payment and Service Finder
  4. State-based resources:
    1. Service NSW Savings Finder
    2. Service Victoria Savings Finder
    3. Queensland Govt Concessions Finder
    4. SA Govt Concessions Finder
    5. Concessions WA
    6. Concessions NT
    7. Tasmanian Govt Discounts and Concessions
    8. ACT Savings Finder

See omnystudio.com/listener for privacy information.

  continue reading

98 episodes

Artwork
iconShare
 
Manage episode 358971880 series 2964023
Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

A huge amount of fixed rate mortages are about to expire - almost a million this year alone. There's also a tussle underway as the banks compete for customers looking for the best refinancing deal. This episode we take a look at the impact on mortgage holders - from those on fixed rates, to those locked in 'mortgage prison', to those on variable loans facing into at least 10 interest rate hikes in a row. We analyse the rates on offer at the moment, what a 'good deal' looks like (and how to haggle) and what to do if you're in financial stress. And we haven't forgotten the SAVERS. Find out what's being offered to them now interest rates are on the rise, and how to do a health check on your savings account. RateCity Research Director Sally Tindall joins Gillian to explain this intriguing data story.

Linked Episode: How to avoid 'mortgage prison'

Resources for people in financial stress (thanks RateCity for compiling these):

  1. National Debt Helpline: 1800 007 007
  2. Good Shepherd no interest loans
  3. Services Australia Payment and Service Finder
  4. State-based resources:
    1. Service NSW Savings Finder
    2. Service Victoria Savings Finder
    3. Queensland Govt Concessions Finder
    4. SA Govt Concessions Finder
    5. Concessions WA
    6. Concessions NT
    7. Tasmanian Govt Discounts and Concessions
    8. ACT Savings Finder

See omnystudio.com/listener for privacy information.

  continue reading

98 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play