Home Loans & Mortgages » Home Loan Interest Rates

Interest Rates : Where did the RBA get it wrong?

Rick Adlam — Mon, 30 Jan 2012 09:25:49 +0000

When the RBA lifted interest rates in November last year I said at the time that it was one rate rise too many. The RBA was at the time focused more on getting Interest rates to “normal levels”, when we are not in normal times Since then many people have agreed with me, including members [...]

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Home Loans & Mortgages - Lower Your Interest Rates: Home Loan News & Mortgage Tips

Interest rates: CBA will raise interest rates without the RBA, and why its good news

Rick Adlam — Sun, 29 Jan 2012 09:12:42 +0000

The Reserve Bank is ready to pull the trigger on interest rates. Inflation is getting a bit on the high side and unemployment looks like falling even lower, so the RBA will feel compelled to raise rates. However if the CBA and other baks follow suit, then they will have done the RBA's job, and official rates could remain as they are for now.

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Home Loans & Mortgages - Lower Your Interest Rates: Home Loan News & Mortgage Tips

Thinking of fixing your home loan interest rate?

Rick Adlam — Sat, 28 Jan 2012 09:12:06 +0000

With most mortgage interest rate crystal gazers, Mr Mortgage included, expecting the RBA to increase the cash rate by 0.5% this this year, it might be tempting to think about fixed interest rate. The two things against this are that we have seen base rates rise by nearly 2% since the GFC, and that was the time to fix. The other reason this might be a bad idea is that the RBA talks about rate rises a lot more than it actually raises the cash rate. The motives for raising interest rates are skimpy.

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Home Loans & Mortgages - Lower Your Interest Rates: Home Loan News & Mortgage Tips