House prices to add another 20% if banks don’t slam the brakes
Chatter about the possible introduction of macro-prudential controls to slow house price growth is increasing, while rep...
Making headlines this week, The Daily Telegraph has reported that Australia’s major banks could soon cut their variable rates.
In the last few weeks, the major banks' lending margins have eased slightly, giving them breathing room to offer more competitive rates.
Yellow Brick Road founder Mark Bouris agreed and said it is only a matter of time before one of the big banks slashes its SVR in a bid to grab more market share.