With skyrocketed interest rates, many borrowers could be facing "mortgage prison". Homebuyers who took out loans during the height of the pandemic housing boom could find themselves in a "mortgage prison" as interest rate hikes drive property prices down. Don't be a mortgage prisoner! Book an appointment with us to see if we can help you do something with your finances. *FINANCE NEWS: The Australian Financial Literacy Crisis + Mortgage Debt Trap https://www.youtube.com/watch?v=6StFIQDieqc&t=98s *If there's a double interest rate rise this week, more borrowers become 'mortgage prisoners' - https://www.abc.net.au/news/2022-09-05/borrowers-mortgage-prisoners-interest-rate-rise-rba-housing-loan/101395908 🤔What is a mortgage prison? 🏠What is a mortgage debt trap? 💸What is negative equity? 😬Will there be another interest rate hike? ❓How to get away with mortgage prison? NEED MORE EXPERT ADVISE? WE'RE HERE TO HELP: WILL BELL MORTGAGE BROKER 435 Nepean Hwy Frankston, VIC, 3199 0448111046 wbell@belllendingservices.com.au Book a 15-minute no-commitment phone call thru this link: https://calendly.com/wbell-wbmb/15-minute-meeting-clone?month=2022-08 Website: https://willbellmortgagebroker.com.au Linktree - https://linktr.ee/willbellmortgagebroker Facebook - https://www.facebook.com/WillBellMortgageBroker/ Instagram - https://www.instagram.com/willbellmortgagebroker/ LinkedIn - https://www.linkedin.com/in/willbellmortgagebroker Twitter - https://twitter.com/WillBellMB WBMB GOOGLE REVIEWS: https://bit.ly/wbmbgooglereviewsandlocation Mortgage Broker Cranbourne -https://willbellmortgagebroker.com.au/mortgage-broker-cranbourne/ #mortgageprisoner #DebtTrap #refinancing #homeloans #WillBellMortgageBroker #finance #financenews #debttrap #mortgageprisoner #negativeequity #houseprices #interestrates #properties #realestate #propertymarket #propertyinvestors #realestateinvestors #buyingahouse #firsthomebuyer #homeowners #homeloans #mortgagebroker #mortgagebrokercranbourne