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Variable rate cuts will not last long, says mortgage veteran

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Australian Broker | 10 Aug 2016, 07:00 AM Agree 0
Consumers and brokers should not expect the recent variable rate cuts to last for long, a mortgage industry veteran has cautioned
  • Scott Beattie | 10 Aug 2016, 09:14 AM Agree 0
    From what I recall, rates are back to where they were late last year before APRA in effect forced a rate rise with the investment lending and required capital.
  • CashMoney | 17 Aug 2016, 04:23 PM Agree 0
    Now is definitely a good time to fix atleast a substantial portion of your lending on 3 to 5 year terms.
    While the variable rate is not going to stay low for long they are not going to increase much over the next 2 years. Very hard to see growth putting pressure on inflation.
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