Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers

October 11, 2023 00:15:11
Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers
Digital Finance Analytics (DFA) Blog
Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers

Oct 11 2023 | 00:15:11

/

Show Notes

Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt said the IMF in its latest Global Financial Stability Report. And the Bank of England warned in their latest Financial Policy Summary that simply extending the term of mortgage loans is more about protecting banks than borrowers as risks build. The International Monetary Fund (IMF) has updated its global growth forecasts, with the world expected to grow by 3% this year and 2.9% in 2024.The IMF tips that Australia’s real GDP growth will slow even faster, […]

Other Episodes

Episode

December 29, 2023 00:11:25
Episode Cover

Five Reasons Why Home Prices Will Fall in 2024!

In this show, we examine the main reasons why it is likely property prices will fall next year – this is a counterpoint to...

Listen

Episode 0

December 02, 2020 00:15:35
Episode Cover

SMSF - Bed of Roses or Crown of Thorns? [Podcast]

I discuss a Nucleus Wealth article authored by Tim Fuller, Head of Advice at Nucleus. The allure of having complete control over your financial...

Listen

Episode

August 31, 2019 00:25:40
Episode Cover

It’s Not So Bad After All – The Property Imperative Weekly 31 August 2019 [Podcast]

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 1:11 – US Markets 4:25 – Bond...

Listen