paying your mortgage down before the bust is..

  1. YChromozome
    487 Posts.
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    11/04/12
    21:30
    Post #: 9967534

    "Paying your mortgage down before the bust is the most effective way of avoiding getting into negative equity once housing prices start to fall."

    Luci Ellis
    Head of Financial Stability Department
    Reserve Bank of Australia

    Moderator's Opening Remarks for Panel Discussion on Mortgage Finance
    http://www.rba.gov.au/speeches/2012/sp-so-110412.html
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