Anonymous ID: 552fba Feb. 6, 2023, 12:10 p.m. No.18296414   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>6427

Hundreds of thousands of Australians took advantage of the ultra low rates during the COVID pandemic to enter one of the world's least affordable housing markets. Fixed-rate loans - usually with a two or three-year maturity - accounted for over 40% of the new loans during COVID,

 

After Tomorrows rate increase

 

Were rates to rise according to economistsโ€™ projects on Tuesday afternoon, analysis from Canstar found that for the average Australian on a $500,000 mortgage, their monthly repayments will jump by $969 per month or $11,628 per year.

 

Soon people are going to lose it