Nice that you locked in that rate. I wonder how the housing market is going to react to this. Here interest rates have shot up from 1% to 3% without any central bank raises!! So it's going to get interesting for sure.
Nice that you locked in that rate. I wonder how the housing market is going to react to this. Here interest rates have shot up from 1% to 3% without any central bank raises!! So it's going to get interesting for sure.
At least in Australia, I expect a heavy recalibration of housing prices, but who knows - perhaps they will find a new reason to pump more cash in.
If they do recalibrate, history tells us, that it usually isn't for very long before they continue their run up.