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The US Federal Reserve just raised their rate from 0.50% to 0.75%, the first time since June 2006 according to world news. How big a deal is this in the scheme of things?

Thanks Winston Its still pretty choppy in those international waters SSE Composite Index

How are they going :confused: ________________________________________________________________ NZ based below, but worth the read which-mortgage-fixed-rate-best/ Just looking at the rates/calculator At 5.5% on a $1,000,000 Loan over 25 years, the IO payments will be $4,583...

Term Deposit rates are also climbing across the majors and have been doing so for a while With fixed-rates now starting to get into silly numbers compared to variable-raetes and with the minor league having been locked out of the market for a while, it will be interesting to see if any...

Say on a $300,000 mortgage you are looking at an interest rate at the moment of 5.5 % for 25 years that would be approx $1,842 p/mth At 8.5 % I-O the repayments would be around $2,125 p/mth $300 p/mth difference We are paying from 5.1% to 5.4% at the moment, what is everyone looking...

Articles of interest (Crystal Balling) Reserve Bank has room to move on interest rates And an article from Ross Gittins Early rate rises threaten recovery

Lost me there BC :confused: If Prices (Cap Growth) doesn't head North AND Interest Rates don't move (all stays as is, i.e. current low variable rates) - then you lose How

Have long term fixed rates pretty much found rock bottom? Is anyone expected further decreases on the five year rate? Banks are crying re: costs etc and at the end of the day serve the shareholders (especially major ones and directors :rolleyes:). We are looking at the current fixed...

here's hoping !! It was interesting to see WBC's 4.99% for 3 years offer even though short lived

Hi Keith This is what I've been notified of as per an earlier post

3 year fixed rate of 4.99% 5 year fixed rates of 6.29%. 12 years at 6.79%