Search results

Have to agree with your outlook Michael. Whilst there are pressures on banks interest rate margins and those might cause some increases (eg CBA last Friday), in that environment, the RBA have more than enough scope to mitigate these increases in cost of funds if these rate hikes become more...

Love the media We are reaching - more part time jobs offsets less fulltime jobs is a green shoot :confused:

Could be sooner than you think - CBA doesn't rule out SVR rate increases before next month

Pete, from what I heard and read, these fixed rates can be re-financed the way we refinance our variable rates, without the break costs associated with fixed rate loans here. Still don't understand why this is so? :confused: The issue tends to be associated with little or no equity, bad...

Not if your variables rates are going to at around 4% for some time...

Expectations went up after last interest rate rise too. As soon as there is some more bad news those expectations in rates will reduce again. They seem to follow the market sentiment instead of being any leading indicator.

The latest forecasts are all down compared to the 5th March 2.835 versus 2.955 April 2.590 versus 2.755 May 2.435 versus 2.705 June 2.36 versus 2.585 July 2.35 versus 2.625 August 2.315 versus 2.645 September 2.385 versus 2.675 October 2.435 versus 2.735 November 2.505 versus 2.825...

Cash Rate Expectations keep reducing Slight downward revision of cash rate expectations in the past 2 weeks.

Gools, maybe not by March, but by mid-year, based on what the so-called experts are saying, the cash rate is going down about 1.25% to 1.5%. 5 year fixed rates are at between 6.19% and higher. I think Peter was saying under 5% for 5 years though. Just not sure the extent of the effect on...

:) That's a good question. No issues for me but I have been a bit pedantic with my PM's to suss out any issues for the last few months. Nothing so far. My other self managed properties have both couples working for council/government so I am less worried about their employment security...

You might not be the only one :D

Low 4%'s - even a 3 year rate would be good! I will be cash flow neutral with an average interest rate of 5.67 across the portfolio, but any movements further down make a hige difference. At 5% I am ~$1800 pcm cash flow positive, at 4.5% that goes to ~$2700pcm. I am looking at 5 year fixed...

First to 4% gets my business! :D