RBA keeps rates on hold for November

Viewing 4 posts - 1 through 4 (of 4 total)

Jamie Moore
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November 5, 2013 - 3:36 am
http://www.rba.gov.au/media-releases/2013/mr-13-23.html
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Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
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Colin Rice
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Join Date: 2011
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November 5, 2013 - 2:01 pm
Would not be surprised if rates stayed steady for 12 months+
In saying that a lot can happen in a week never mind 12 months?
Colin Rice | CDR Finance
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Richard Taylor
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Join Date: 2003
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November 12, 2013 - 7:13 pm
Certainly can't see immediate reason why the Cash Rate will increase in the near future but interesting to see the spike in 3 year + fixed rates.
See couple of lenders are saying that 3 year rates have risen 8 bps in the last 30 days.
Currently in the UK and here the Bank of England rate is expected to rise 9 times over the next interest rate cycle which will certainly hurt mortgage customers.
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Yours in Finance
Richard Taylor | Australia's leading private lender
Jimmy86
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November 13, 2013 - 1:28 am
Personally I think im going to keep my PPOR loan variable. Ride the wave. But its Clive Palmer's first day in Parliament today. God knows what could happen
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