Tag Archive | "home loan"
Interest Rate Stress
12 successive interest rate rises left Rachel and Steve wondering what they did wrong! Buying a home was meant to be the key to taking care of their family but the last couple of years things seem to have been getting worse. Since they first took out the mortgage the repayments have gone up $154 [...]
Continue reading...Crippling Home Loan Repayments
Tuesday, September 9, 2008
Peter was working as a Science Teacher for 20 years. While it didn’t offer an enormous salary, together with his wife Susan’s part time wage it was enough to put their 2 kids through school and cover the mortgage repayments. Together they’d paid off a large amount of their home loan. Unfortunately, Peter suddenly fell [...]
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Wednesday, September 10, 2008
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