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Fixed rate home loans hit eight month high

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Australian Broker | 04 Nov 2014, 08:24 AM Agree 0
The demand for fixed home loans has hit an eight month high, as the Reserve Bank hints at a period of stability when it comes to interest rates
  • MCC | 04 Nov 2014, 11:17 AM Agree 0
    The splits mentioned in the last two paragraphs are still telling the current story & reflecting a decline in Commonwealth Gov't Security yields back to similar levels as at May 2013. That's probably stemmed any mad rush towards fixed rates & instead has seen just a steady percentage upward movement in borrowers take up.
  • Papery | 05 Nov 2014, 10:39 AM Agree 0
    Everyone including Joe Public is hearing the same commentators predicting a lift in interest rates next year & many punters don't want to miss out on a sub 5% rate when they do move next year. We all know the banks are quick to pass on rate rises & s l o w to pass on the cuts.
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