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Mortgage: time to lock in your rate? Expert property advice from Chris Bates

Australian Finance Podcast

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What's Happening in the Market?

What we saw from October, November time is most of the capacity, borrowing capacity falls have happened. Rates aren't going to go from 3% to 6% at the RBA. And people have already adjusted their budget. So what we're seeing is 16 numbers across the whole country really collapsed. In some parts of the country, there's really no properties for sale. But you're also going to find areas where you still got lots of listings and there's very little demand. We can already see that in our capital city, some markets where there's really tight supply like in the housing markets in affluent areas are now starting to find competition again. There's not one market but it starts

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