Many people over 65 years still have Mortgage loans over their...

  1. 7,295 Posts.

    Many people over 65 years still have Mortgage loans over their Homes since the de-regulation of the Banks and many would have also 'dipped back' into their Home Mortgages.
    Australia, because of the de-regulation of the Banks has a serious dometic debt problem and does not at this need the present High Interest rates in view of the money owed along high Fuel prices and Utilities Costs.
    The Fools on Capital Hill and Treasury need Six Months or so of real living to just see what a mess they have made and are seeming to want to make worse.

    Regards,

    moly
 
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