Lenders begin to pass on RBA cut
The market has responded to the Reserve Bank’s latest cut to the cash rate, with lenders passing o...
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Comments
If they are anything like the previous govt housing incentives be careful as the payment/interest rate would be a lot higher than the banks. And it would take longer to eventually pay off the home at ...
I feel a property boom coming on in WA, Brisbane and parts of NSW. This will definitely put pressure on the demand for properties as it becomes cheaper to own than to rent.A move that should have been.....interest rates. Now the government needs to tell people the sun is shining
I remember August 2008, interest rates 9% - Shane Oliver comes out and talks up rates hitting as high as 11%. Within a month official rates dropped 1% and collapsed from there. If Shane Oliver says 2 ...
More rate cuts next year are a bit of a win and a loose for some people. Further cuts mean our interest charges are less but the recovery ie peoples perception of the market is shaky. I have bought 4 .....interest rate. Where it is now would be good. I hope we all finally move forward in 2013.
Happy N...