Property prices are falling, but higher interest rates are squeezing borrowing power. So, should you buy now or wait?


Westpac’s latest Home Ownership Report reveals buyers are holding back, waiting for rates to settle or prices to fall further. But how do you weigh that uncertainty against your own circumstances?


Sylvia Jeffreys is joined by Westpac’s Chief Executive, Consumer, Carolyn McCann to discuss what the bank is seeing from buyers and borrowers — and the options available whether you’re saving for your first home or trying to keep up with repayments.


In this episode:
Why first-home buyers are holding back — and whether you can time the market
What negative equity means if you’ve bought with a small deposit
How to ask your bank for a better rate and access mortgage support
Where Westpac’s economists expect property prices to head next

Property prices are falling, but higher interest rates are squeezing borrowing power. So, should you buy now or wait?
 Westpac&rsquo;s latest Home Ownership Report reveals buyers are holding back, waiting for rates to settle or prices to fall further. But how do you weigh that uncertainty against your own circumstances?
 Sylvia Jeffreys is joined by Westpac&rsquo;s Chief Executive, Consumer, Carolyn McCann to discuss what the bank is seeing from buyers and borrowers &mdash; and the options available whether you&rsquo;re saving for your first home or trying to keep up with repayments.
 In this episode:
<ul>
<li>Why first-home buyers are holding back &mdash; and whether you can time the market</li>
<li>What negative equity means if you&rsquo;ve bought with a small deposit</li>
<li>How to ask your bank for a better rate and access mortgage support</li>
<li>Where Westpac&rsquo;s economists expect property prices to head next</li>
</ul>

Money is a constant contradiction. You’ve got to spend money to enjoy life but save every cent for the future. 

It’s why Australians are caught between impossible expectations and an economic system that feels stacked against them. So, how do you keep up the juggling act when the stakes just keep getting higher?

In The Pay Off Sylvia Jeffreys sits down with leading experts and entrepreneurs to uncover tips and tricks from some of the sharpest business minds in the game.

You can listen to The Pay Off wherever you get your podcasts, or you can watch every episode on 9Now, search 'The Pay Off 9Now Podcast'

Money is a constant contradiction. You&rsquo;ve got to spend money to enjoy life but save every cent for the future.&nbsp;
It&rsquo;s why Australians are caught between impossible expectations and an economic system that feels stacked against them.&nbsp;So, how do you keep up the juggling act when the stakes just keep getting higher?
In The Pay Off Sylvia Jeffreys sits down with leading experts and entrepreneurs to uncover tips and tricks from some of the sharpest business minds in the game.
You can listen to The Pay Off wherever you get your podcasts, or you can watch every episode on 9Now, search 'The Pay Off 9Now Podcast'

Sylvia Jeffreys sits down with leading experts and entrepreneurs to uncover tips and tricks from some of the sharpest business minds in the game.