If they fixed 3 years ago....
"most" property has gone up say 20-30% minimum over this period....will well and truly cover the higher interest payments if needed.
BTW....... the reserve bank has left rates on hold for the 4th time in a row.
So much for higher interest rates.
1/3 of a year without a rate rise........nice time to be buying from the restless imo.
Doomsdayers are waiting for 11% rates and 50% price reductions......lol......keep waiting.
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