Ups and downs in the property market as interest rates rise again

The decision by the Reserve Bank of Australia to lift interest rates for the fourth time this year is expected to have a dramatic impact on homeowners. It could, however, be a positive change for those still looking to acquire property as well as people with savings.

Pencil erasing or reducing mortgage interest rate. House logo created by photographer. Concept for reducing interest rate. Source: Getty / Getty Images/-Oxford-