Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

All 4 Banks Raise The Rates In Oz --worldwide Ir Roundup

Recommended Posts

http://news.ninemsn.com.au/article.aspx?id=61925

All four major banks lift interest rates

Friday May 5 18:29 AEST

All four major banks have lifted their home loan rates by a quarter of a percentage point, passing on in full the increase in official interest rates.

Closer to home:

http://www.businessworld.ie/livenews.htm?a...rollingnews.htm

Friday, May 05 10:26:22

(BizWorld)

The euro was heading for USD1.28 this morning in electronic trading, its fourth weeks of net gains, on speculation the
European Central Bank will raise interest rates at a faster pace than had been previously forecast.

Up they go in the Far East:

http://www.bernama.com/bernama/v3/news_bus...s.php?id=195396

May 05, 2006 14:57 PM

Alliance Bank To Raise Interest Rates Tomorrow

KUALA LUMPUR, May 5 (Bernama) -- Alliance Bank will raise its interest rates tomorrow in line with the current hike in interest rates by Bank Negara Malaysia.

India going up again:

http://in.today.reuters.com/news/newsArtic...&archived=False

ICICI Bank ups home loan rates by 50 basis points

Fri May 5, 2006 2:44 PM IST163

MUMBAI (Reuters) - India's largest private sector lender ICICI Bank Ltd. said on Friday it would raise interest rates on home loans by 50 basis points with effect from May 8.

US still going skyward:

http://www.contracostatimes.com/mld/cctime...ia/14507459.htm

Mortgage rates hit highest point in four years

Inflation fears push average rate of 30-year loan to 6.59 percent

By Jeannine Aversa

ASSOCIATED PRESS

WASHINGTON - Rates on 30-year mortgages climbed this week, hitting their highest point in nearly four years, a development that will be weighed by people thinking about buying a home or refinancing the one they own.

Looks like the 20th March tightening by the big Japanese banks is rippling through very rapidly. How long can Gordon hold out against the tide? Tick tock, tick tock......................

Share this post


Link to post
Share on other sites

And just look what's happening to house prices in Oz. The HPC is, slowly, playing out as expected.

Note that Adelaide, Perth and Darwin have all so far lagged the other Oz cities in this house price cycle. There is thus no reason to believe they aren't headed the same way as Sydney, Melbourne, Hobart, Canberra, Brisbane.

http://www.abc.net.au/worldtoday/content/2006/s1631501.htm

Share this post


Link to post
Share on other sites

And just look what's happening to house prices in Oz. The HPC is, slowly, playing out as expected.

Note that Adelaide, Perth and Darwin have all so far lagged the other Oz cities in this house price cycle. There is thus no reason to believe they aren't headed the same way as Sydney, Melbourne, Hobart, Canberra, Brisbane.

http://www.abc.net.au/worldtoday/content/2006/s1631501.htm

Has anyone got any figures on a HPC in Brisbane?

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.