Search results

...with the usual caveat that although 5-year fixed rates may be up, variable rates in 5 years' time may not follow.

similarly. Remember, our domestic deposits are insufficient to cover our banks' funding. We have to borrow a lot of money overseas to fund our banks' lending for mortgages etc. the RBA does not fund our banks in any major way, contrary to popular belief. When overseas costs of funding increase...

And so did mebank. But I noted they cut too deeply around a time when bond markets are being sold off and swap rates used for pricing fixed loans have gone up. There are those banks who didn't cut too much during the time when swap rates went really low (while at the same time the variable rates...

If your really need to fix, do it now. US is about to raise rates, US bond yields are rising again as we speak. Based on the payroll report just released and the wage growth they are seeing recently, it looks like the Fed will raise in September as widely anticipated. Variable rates are a...

Which ones? I can still see compeitive rates sub-4.5% for 5y loans. Those who raised might have cut too deeply previously.

I've seen this happen in mid-May when the bond rout first happened and people in the market were panicking. But Oz fixed rates hardly moved. And the O/S bond rout has reversed course last night with US 10y yields going down.