Thursday, Mar 13, 2008
Base IR's at 7.25% Mortgage rates circa 9%+
The Australian: Mortgage pain spreading to affluent
Got to love the last line "Mortgage broker numbers are tipped to halve from 10,000 to 5000 in the next two years. "
For each 0.25% hike in base IR's the banks are upping by 0.35%. The banks are also raising rates independantly.
Posted by geed @ 05:56 PM (197 views) Add Comment
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