The end of mortgage super-profits?

Monday, July 12th, 2010

Amid upheval in the post-crisis banking landscape, the big four are hinting that they don't expect to reap the same returns from mortgages that they have in recent decades. 9 Jul 2010 10:15 AM View full post on WBC | RSS Business News Feed | Business Spectator

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Early to rise, slow to fall

Friday, February 20th, 2009

It never ceases to amaze me how quickly banks will raise mortgage rates when the official cash rate goes up (in some cases even before!) and yet how slow those very same banks are to pass on a rate saving to the customer. I noticed after the last reserve bank announcement ...

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Australia holds breath for 5th consecutive interest rate cut

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 »