As we navigate a rising rate market in 2026, it is essential to be proactive and well-prepared, and there are options for you and your household to relieve some mortgage stress.

The first call you should make is to your bank, after shopping around for different rates, and negotiating with them to match the rate. The next step could be fixing your rate, abut getting personalised advice before you take any drastic measures, collating credit card debts and potentially selling any other assets to free up some cash.

We can't stop the rate rises, but there are little strategies we can implement to relieve some of that stress.

0.00 - Intro

0.20 - Negotiate with your bank

0.59 - Switch to interest only repayments for short-term relief

1.43 - Fixing your rates

2.43 - Extending your loan term

3.40 - Selling assets to pay down debt

4.03 - Consolidate high-interested credit card debt

4.48 - Summary

For any questions about purchasing property, please visit ynance.com.au or contact Mitch Woods directly on 0411 235 798 or [email protected].