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Hi Steve & Deano, I understand. The basic home loan rate is still only around 6. something - mine's 6.23 at the moment. There's another 4% to go. We're talking about a DOUBLING of interest rates at base. And precisely Deano, Australia doesn't exist in a vacuum. If other countries don't...

Hi Alex, I got it wrong. But the differential between AUD/USD was never very wide, until the GFC. The last time our rates were lower than US would have been around 2001-2003? KY

Hi Alex, Which is why i can't see RBA going up to 10% in the next heartbeat. Unless something drastic happens to US & UK [from 0.5% there's a long waY to go] Like Ausprop, I have a loan @ 10.5% I thought [foolishly perhaps] that I could do better & make some profit. 1st year OK, 2nd year...

Hi, all this endless speculation is rather wearing but here goes. It is very Aussiecentric to think that Australia leads the world. We're the Antipodes. We tend to LAG behind the larger world. Which country has the highest rates today never mind tomorrow? Australia put rates up when...

Hi, I'm with Propertunity in this. Unless rates hit 10% next month, I don't see how it can add much stress. Don't forget what rates are like in other countries. In 2 years' time, my LVR goes down 10% So let's work @ an example. Loan amt 500000 presently 6.5% In 2 years, loan amt...