Interest rates can go up even further this year: Dr Ameeta Jain

Dr Ameeta Jain is a senior lecturer in the Department of Finance at Deakin University. She explains how the recent interest hike was unexpected but not unjustified. The current rate is close to the average cash rate of Australia over the past decade. Here, she also shares tips for first-home buyers and provides a general outlook on the property industry in the near future.

Dr Ameeta Jain opines that the first-home buyers should be prepared for further rate hikes that will make the mortgages dearer. Credit: Supplied by Dr Ameeta Jain

DISCLAIMER: We would like to inform you that the information expressed in this interview is of general nature. This information may not be appropriate for your personal circumstances - contact your real estate agent or financial advisor for clear advice on your situation.

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