Meh, they'll drop back to Interest Only payments and be covered...

  1. pursuitute
    536 Posts.
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    04/05/10
    23:43
    Post #: 6655517
    Meh, they'll drop back to Interest Only payments and be covered up to retail rates around 9%.

    No need for people to be jumping off cliffs, just manage their affairs to get through a rough patch. If we see rates at or around 10% in the next 18 months, we will have much bigger things on the horizon to worry about.
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