this post was submitted on 04 Jul 2023
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[–] josephb@aussie.zone 7 points 1 year ago (4 children)

The flow on effects of previous rises might take a bit longer to be fully seen, but I daresay they are going to do another rise or two before the year is out. It does also depend on the situation around the world to some degree as well.

[–] RealVenom@aussie.zone 3 points 1 year ago (3 children)

Yeah I literally got my monthly letter from the bank today letting me know my eye watering monthly repayment for my modest suburban house is going up another $200 a month.

So, yay for paused interest rates but they could have at least let me enjoy it for a day or two.

[–] josephb@aussie.zone 2 points 1 year ago

Yeah it is eye watering to look at what our minimum payments were 18 months ago, compared to now :-\

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