rba says interest rates will rise further, page-4

  1. blueballs
    18,826 Posts.
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    11/02/08
    15:38
    Post #: 3341368
    If this happens we will be close to 10% for variable rates.

    So a 300k mortgage will need repayments of 30k a year of $600 a wek.
    400k mortgage will be $800 a week
    500k mortgage will be $1000 a week.

    Youch
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