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It may make first home buyers and those holding off entering the market, take the plunge and start a medium term up-cycle. Those with high LVR's though may need to treaed cautiously as credit is drying up. Our situation is different to the US, as aside from their fiscal mess, they had an...

Rob is right, perception is projection.....although with bigger numbers involved, property is in a way like the stock market (a voting machine) supply v's demand. I only hope the sentiment is not too bouyant that the two hundred bucks off the average monthly mortgage is not used as seed...

I'm in ...............LOE fixed for 25 years at 2 % :D

We may see a rally in house sales till Christmas.........the yippee kai yays, however may be short lived. I'm still sitting on my hands, albeit satisfied for some softening of rates for my own personal situation of having two fixed rate loans falling due in July/Aug next year :) How many...