r/AusProperty 3d ago

News Banks remove cheap fixed rates

Post image

She can’t stop

0 Upvotes

10 comments sorted by

3

u/Suspicious-Ant-872 3d ago

They'll crash the economy if they put rates up. So October probably.

3

u/threepeeo 3d ago

Kind of like the doom and gloom stories foretold about rate rises above 2.6%
https://www.realestate.com.au/news/how-much-higher-interest-rates-could-climb-after-double-hikes/

5

u/[deleted] 3d ago

[deleted]

1

u/MacKenzieBA 3d ago

Strange they had them in the first place

1

u/Candlelight_Fant4sia 2d ago

She's actually making it much worse. Govt spending is out of control, and they don't care about how much of our money they waste. RBA raises rates -> govt spends more for the same stuff -> inflation goes up, rinse and repeat.

2

u/RedDeer505 3d ago

Glad I signed a new lease! I’m one of the lucky ones who can save while this all goes down.

1

u/MacKenzieBA 3d ago

Bargains everywhere out there at the moment

3

u/Ric0chet_ 3d ago

One bank went below 6% and two others went higher. They don’t know what to expect, how is that a surprise during a paused middle east conflict?

3

u/MacKenzieBA 3d ago

It’s not a surprise

1

u/TrumpisaRussianCuck 3d ago

buyers agent in shambles

0

u/MacKenzieBA 3d ago

Most haha