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Why Australians can't access 30-year fixed-rate loans like they do in the US | ABC News

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ABC News (Australia)

Rising interest rates mean many Australians coming off fixedterm loans are facing thousands of dollars in extra monthly repayments. Wouldn't it be great if those loans could have been fixed for 30 years? That's what many Americans get.
Alan Kohler takes a look at why that's not an option in Australia.
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