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Here is an article saying that prime rate will be between 4.75 - 5.5%...factoring in a maring of 2.25-2.5%...that put variable rates at 7-8%. I believe we will see it near 4.75% rather than 5.5%. The peak is expected to be reached in 2011...just as my fixed rates come off....if not rent...

Sailesh...can't see double digit interest rates given the level of household indebtness. I think 8% is where the margin is and it won't stay there very long. At 10% it is a doubling of rates from the low point. Typically you see a 40-50% increase in rates to cool demand. So given we were...

It is mostly likey late 2011/early 2012. Why? .....we first need to go through a tightening cycle....the last one started in late 2007 and took a year for it to peak in Aug/Sept. 2007. The it took another year for the market to really take off Aug/Sept 2007. So based on this tightening the...

Judging by the auction clearances in Sydney and Melbourne....the RBA was spot on in terms of raising interest rates. The market is getting even hotter...a worry.. Westpac putting up by another 20 basis points was probably a god send by the government. I have a sneaking suspicion (consipiracy...

As I ponder purchasing more property in 2010....one issue which comes to mind is what will happen to interest rates. I was fortunate enough as previously mentioned to fix my rates in April/Aug. I did this based on my previous crystal gazing and research which showed that IR rates would go up...