The 28th June is Looming!!

[superted]

Any thoughts

 

[Aceyducey]

??????????

 

[geoffw]

Any thoughts

I assume you're referring to http://www.somersoft.com/forums/showpost.php?p=106364&postcount=4 and Greenspan sneezing? (But I'm not sure what that's referring to)

 

[superted]

I assume you're referring to http://www.somersoft.com/forums/showpost.php?p=106364&postcount=4 and Greenspan sneezing? (But I'm not sure what that's referring to)

Yes the Greenspan announcement........ even if as most commentators are saying the rise will be .25% (possibly .5%) . i think the significance and follow on for the Aus scene will cause much concern.

After this all we need is the date for our federal election, as it is highly likely we would lift rates after this following the US lead.

I am curious though as to how many people (with the banks help of course) factored in an extra 1-2 % rate rise in their calculations...

 

[Rolf Latham]

Hi Ted

A 1 to 1.5 % rise is pretty much factored in by lenders when assessing loans. 8 to 8.6 % P&I is not an unusual loading

ta
rolf

 

[bicko]

Im not that confident about a 1-2% increase occurring any time soon.

1/2% tops for the rest of 2004. Any bets on it.

cheers

bicko

 

[Sunfish]

After this all we need is the date for our federal election, as it is highly likely we would lift rates after this following the US lead.

But we're told the RBA is immune to political interference!