RBA reduces rates by 25 points

Viewing 5 posts - 1 through 5 (of 5 total)

Jamie Moore
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@jamie-m
Join Date: 2010
Post Count: 5,069
August 6, 2013 - 5:03 am
http://www.rba.gov.au/media-releases/2013/mr-13-15.html
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Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
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Jamie Moore
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@jamie-m
Join Date: 2010
Post Count: 5,069
August 6, 2013 - 5:06 am
Some lenders are already passing on the full cut – NAB, ING and BoQ so far http://www.theadviser.com.au/breaking-news/28904-first-lenders-move-on-rates
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
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Mortgage Broker assisting clients Australia wide Email: [email protected]
WhatIfWeFinance
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@whatifwefinance
Join Date: 2009
Post Count: 58
August 6, 2013 - 5:17 am
Looks like most of the banks will go 25 basis points. Will be interesting to see how the housing market reacts if at all.
TheFinanceShop
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@thefinanceshop
Join Date: 2012
Post Count: 1,271
August 6, 2013 - 7:02 am
There is also a tiny bit of movement on fixed rates which is great. This just spells more competition……
TheFinanceShop | Elite Property Finance
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moxi10
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@moxi10
Join Date: 2010
Post Count: 194
August 6, 2013 - 7:45 am
Woohoo!!! Now if we could only get one of my mates from the Local into the Prime Minister's seat we'll all be laughing.