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What! I hear you say, home loan interest rates to go down, well someone had to say it and it appears John Edwards from residex is the first to stand up and give his view on why the next rate move may be down.
He noted the top 5 reasons that he thinks are [...]
You don’t have to take the Reserve Bank’s increase on the chin we explore a few idea’s that you can use to help combat any rate rise.
At its meeting today, the Board decided to raise the cash rate by 25 basis points to 4.5 per cent, effective 5 May 2010.
Mortgage holders will be disappointed with the increase but the RBA said with the risk of serious economic contraction in Australia having passed some time ago, the Board has been adjusting the cash rate [...]
The RBA recently lifted its official interest rates by 0.25% taking them to 4.25% effective 7 April 2010. The RBA governor Glenn Stevens indicated Interest rates to most borrowers have been somewhat lower than average. The Board judges that with growth likely to be around trend and inflation close to target over the coming year, [...]
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I Just thought I'd let you know that our Bank rang late yesterday doing a "new customer survey". They asked a few questions including one about our broker. I gave you a score of 11/10!!!! Told them how fantastic you were!! Thanks heaps again for all your help over the last couple of months. Guy W
