So are they going up or down?
Will the banks pass on any cuts? Sure as hell theyll pass on an increase.
Banks often say the cost of overseas lending impacts whether they can pass on the full reductions. My question is, if our banks have the best credit ratings and banks in the USA have 2.5% home loan rates, shouldnt our banks be sourcing their funds even cheaper?
I think they'll drop. But I've been wrong before.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Same, but I think only a part of the cut will be passed on.
I think you're right.
Not long until we find out
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
UNCHANGED
WOW
http://www.rba.gov.au/media-releases/2012/mr-12-02.html
Yep that sucks
Mick C | Shape Home Loans
http://www.shapehomeloans.com.au/
Email Me | Phone MeSame Banks. Better Rates. Served With a Passion.
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