Can Housing Market & Economy Cope w/ High Mortgage Rates?

The Reserve Bank (RBA) has kept official interest rates sitting at 1.5% ever since August 2016 which represents the longest period of cash rate stability on record.  Although official interest rates haven’t moved over this period, investors who have been an increasing source of mortgage demand over recent years, have been incurring higher mortgage rates 2015 as lenders charge a premium for investment loans.  Although the cash rate hasn’t been adjusted for almost two years, the rhetoric…