Will interest rates go up or stay put?
Anyone want to call it?Project.
What is the Price of Financial Freedom?
I think the interest rates will stay put.
Illogical reasons:
1) Getting close to a federal election
2) State Government has added new “disincentives” for property investing, so can the NSW property market cope with anymore?Cheers,
Shushar
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
In the eye’s of the reserve bank , i would say that he will leave it to stay the same.
Hi Project,
I suspect this month no change and next month +.25%.
NZ interest rates have just gone up 0.25%, USA predictions are upwards and as soon as USA goes so will we.
Certainly looming Federal election will create some dooubt but I believe McFarlane has the runs on the board and a good track record (IMHO) and more importantly to raise if he sees a need.
By the way I have just fixed another loan at ~6.8 for three years as ‘insurance’.
Derek
[email protected]Property Investment Support Available. Ongoing and never stopping. PM welcome.
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