Whelp there goes my savings.
Whelp there goes my savings.
Interest rates climb above 4 per cent for the first time in more than 11 years, as the Reserve Bank moves aggressively to clamp down on inflation.
Who else is having their mortgage fecked by interest rates at the moment.
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I know it's painful for me, and I think anyone who has a mortgage is feeling the pinch at the moment, as is anyone who rents. Meanwhile - https://www.theguardian.com/australia-news/2023/jun/08/a-quarter-of-homes-sold-in-eastern-australia-in-2022-were-bought-without-a-mortgage-data-reveals
2 0 ReplyYeah i was hearing that a couple of days ago. Who the fuck is cashed up enough for that ....
Ohhhhhhh thats right.... Investors .....
2 0 ReplyIt was likely a lot of oldies who were still exiting the cities - selling their mortgage free homes and buying with the cash in the burbs & regions.
2 0 Reply