With rates so low , in some instances 2%, if the bank lending rate went to even 4% that would double the repayment??? How would that effect peoples ability to repay their loans??
Is it being set up to pull the rug from borrowers and have a massive default situation like 2008 GFC? What about 6% loans... not just home buyers what about government loans???
The future is scary
- Forums
- General
- If the RBA cash rate went to 3% over the next few years say 2024 how will it affect homebuyers
If the RBA cash rate went to 3% over the next few years say 2024 how will it affect homebuyers
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online