In Reply to: Just done the sums and figured posted by Limerick on Friday, 10. October 2008 at 20:56 Bali Time:
Is your insurance company your foreign exchange nanny?
(If they are get them to pay you the amount your house has decreased in price since the peak and you'll have thousands of extra dollars.)
Assume if the Oz had strengthened would you be offering them the difference??? Don't think so.
If changes in the rate make your first choice too expensive.........trade down.