Australia housing bubble

[MITCHAY]

Originally Posted by zilo

ANZ raises mortgage rates out of the RBA cycle by 60 basis points.


It's over 6% for almost any mortgage.

wow....how does anyone pay a 700k mortgage now?

Luckily I borrowed less than half that but I've gone from $300 to $500 per week so can only imagine.

I'm at 6.52%. Asked the broker to knock it back into the 5s as comparable product is mid 5s if I were to refinance.

Let's see how that goes but you ask for nothing you get nothing