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Fixed interest rate ideas are in a spin
22 hours ago ago from Barry Plant Rowville's Blog
Investment properties have more options than the family home when it comes to managing rate hikes Surprise as RBA keeps rates steady Markets now expect 4.5pc rates this year Less impact on investment properties The Reserve Bank's decision last week to leave the official cash rate on hold has put a new spin on the fixed or variable debate. Financial markets have gone from pricing in a cash rate of 5.5 per cent by the end of the year ...
Related contentKiwibank's rate cut is positive sign for economy
14 hours ago ago from INTELLICHOICE FINANCIAL SERVICES
A cut to standard variable mortgage rates by Kiwibank is a good sign that New Zealand's economy may be turning around, reports The Australian Financial Review . The bank announced yesterday it is reducing its rates by 14bps to 5.65%. The rate cut follows a report by PricewaterhouseCoopers which announced last week that banks were "emerging from the gloom of the recession". Competition, regulation and bad debts combined to plague New ...
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