Median house prices in every city except Canberra have dropped since last year. Some borrowers may now have mortgages which outweigh their property’s value. Borrowers still have options available.
Refinancers could be in for a nasty shock
Disclaimer
This article is over two years old, last updated on November 2, 2011. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent nonspecific articles.
Product database updated 24 Apr, 2024
More nonspecific articles
More articles? Read more here