Money Box Money Box Live: The Mortgage Dilemma
Aug 30, 2023
Experts discuss the challenges of rising interest rates on homeowners, including higher monthly payments and difficulties for those seeking new mortgage deals. They explore the impact on the housing market, uncertainty in choosing between short-term fixes or longer-term options, and challenges in obtaining a mortgage. The resilience of the Cheadle housing market is highlighted, along with advice on reducing property prices. The effects of high interest rates on the housing market and the upcoming interest rate announcement are also discussed.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
High Borrowing Rates and Mortgage Renewal Dilemmas
01:34 • 7min
Rising Mortgage Rates and Housing Market Uncertainty
08:35 • 9min
The Resilience of the Cheadle Housing Market
17:46 • 5min
Challenges of Obtaining a Mortgage and Buying Property
22:18 • 5min
The Impact of High Interest Rates on the Housing Market
27:00 • 3min