Australia's largest stock trading and investment forum Australia's #1 stock forum

Why don't we have 30 year fixed mortgages in Australia like other countries., page-8

First 8 Last

Share
Profile

Follow
Fishinnick

23,371 Posts.

271

06/08/24

20:06

Post #: 75098440
Share

Originally posted by MisterC: ↑

RBA governor mentioned this afternoon our interest rates were lower than the US when pressured with questions, but failed to mention that the majority of mortgage holders in US are on 30 year fixed terms and would be unaffected by rates movements. Despite this, the FED were able to bring down inflation faster without affecting homeowners etc.

Unbelievable that we don't have 25-30 year fixed mortgages in this country, absolute rort.

Expand

The people get ripped off here because of it, absolute rort alright.
Upvote

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

There are more pages in this discussion • 35 more messages in this thread...

First 8 Last

SPONSORED BY