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.

load all comments

andy47 2 points 3 years ago

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/...

save

path: 0 20556, hotness: undefined, score: 2, children: 2

Designate6361 2 points 3 years ago

Yeah i was hearing that a couple of days ago. Who the fuck is cashed up enough for that ....

Ohhhhhhh thats right.... Investors .....

save

path: 0 20556 26413, hotness: undefined, score: 2, children: 1

min0nim 2 points 3 years ago

It 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.

save

path: 0 20556 26413 41502, hotness: undefined, score: 2, children: 0

australia

@lemmy.ml

go to feed...

australia

@lemmy.ml

go to feed...