John Symond expects five year fixed interest rates to dip to 4.75%
http://www.propertyobserver.com.au/...year-fixed-interest-rates-to-dip-to-4-75.html
I think this is very possible, considering Westpac's "interest rate whisperer" Bill Evans now predicting a 0.50% RBA cut in 2015, and 5-year market swap rates now 0.25% lower from a month before!!!
An interesting graph here: http://www.asx.com.au/data/trt/ib_expectation_curve_graph.pdf
http://www.propertyobserver.com.au/...year-fixed-interest-rates-to-dip-to-4-75.html
I think this is very possible, considering Westpac's "interest rate whisperer" Bill Evans now predicting a 0.50% RBA cut in 2015, and 5-year market swap rates now 0.25% lower from a month before!!!
An interesting graph here: http://www.asx.com.au/data/trt/ib_expectation_curve_graph.pdf