With further interest rate rises expected over coming months, some SMSFs may be left trapped in legacy products paying higher interest rates, a prominent SMSF lender has warned.
We are all familiar with the good old-fashioned ‘Australian dream’ – the concept of owning a free-standing home in the suburbs. However, over many decades as the property market has been swayed by the economy, and more recently the pandemic, the Australian dream has been forced to evolve with it.