Hi everyone
well the bad news for us who hold mortgages is interest rates have been lifted .25% to an official rate of 5.75%
Not good news for those hoping to see price increases in the home market but good for those wanting prices to remain flat.
regards westan
We find deals in the USA with growth potential, with equity and showing at least 14% gross returns. Email at [email protected],
http://www.iproperty.net.auAlso, good news for those of us who didn’t want to be paying an extra 10c/l for petrol because of a declining Aussie dollar.
Bad news for those of us holding US dollar traded assets, or shares in companies which produce US dollar traded commodities.
And of course, bad news for the government.
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