Monday, July 20th, 2009
I received the following in an email from a mortgage broker this evening. It about sums up the current interest rate market if you are looking to get a mortgage. I would have to agree, it doesn't make sense to fix in the present market with such a huge gap ...
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Tuesday, April 14th, 2009
Out of the Big four banks, the NAB is the only one refusing to pass on any of the 25 basis point saving that the Reserve Bank handed down last week. ANZ, Westpac and CBA have all decided they can afford a meagre 10 basis point drop, with St George ...
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Monday, February 2nd, 2009
Once again the Reserve Bank cash rate is looking to take a hit of 100 basis points, the second in as many months, in a bid to further revitalise the economy. 9 out of 17 top economists surveyed last week are backing the full 100 basis point cut while the ...
Posted in Interest Rate Updates, RBA Interest Rates | 1 Comment »