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Business / United States

How Australian mortgages compare to the US, Japan and South Korea

ABC News
Summary

Reported by 1 newsroomRead the original at ABC News

MortgagesInterest RatesInflationHousing Policy

Research has found Australians would benefit from longer fixed-rate home loans, similar to the US, South Korea and the European Union.

Andrew Clifford decided to move to a fixed rate after interest rates began rising, but could only get a two-year term even though he wanted a longer one.
Andrew Clifford decided to move to a fixed rate after interest rates began rising, but could only get a two-year term even though he wanted a longer one.

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How loaded the writing isLanguage Load Language Load is one number from 0 to 100 for how loaded a report’s writing is. Lower is plainer. 0 is a plain report, the facts said plainly; 100 is loaded throughout. It reads the writing, not the events, so a plain report of a sad story can still score low. Most reports are written fairly plainly and score under 20; the differences are in the loaded words, the drama and the claims nobody puts their name to.

Language Load 9.3plain plainloaded Sourcing 76 · partly attributed unattributedfully attributed Higher is better: how much of the report says who said it.

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Outlet Language Load
ABC Newsas they published this story 9.3
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Mood 50.9 · neither heavy nor light griefjoy How heavy the news is to read: what happened, and how heavily it is told. Not a verdict on the outlet.

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