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Interesting read from Michael Yardney: http://www.propertyupdate.com.au/will-interest-rates-really-hit-10.html

http://www.news.com.au/money/interest-rates/interest-rates-to-nudge-double-digits/story-e6frfmn0-1225866565157 I'm about planning to buy my 2nd IP but if interest hit another 2-3% in next 2 years then I would be in a deep mortgage stress... :eek: So should I or shouldn't I? :confused: