DOT 0.00% $1.22 deutsche office trust

home loans, page-2

  1. 1,081 Posts.
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    I think it may be possible (not entirely sure) although you are risking currency movements making you loan double in size!

    Imagine if you had borrowed to buy a property worth $500,000 AUD in USD when the AU:USD was 98c. You would have borrowed $490,000 USD.

    Today, that same loan in USD will cost you $676,200 AUD to repay. a month ago much worse.

    Is getting a cheaper interest rate worth the risk of currency fluctuations? Well yes and no I guess a lot of people thought so until the Yen carry trade began to unwind
 
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