There are alot of mortgage rate comparison websites which tries to grab your attention by getting the crowd’s attention by show the lowest possible mortgage rate. I am sure the extremely or almost unbelievable rate looks attractive there are a number of fine prints that the potential borrower should know. 1. The lowest mortgage rate […]
Top 4 signs which will lead to interest rate rises by RBA
Australians have taken on record amount of debt to double down on housing in the current low interest rate environment. The million dollar question for Australian property investors this year is when will the interest rate rise? This is an important question as evidently the property market in the major cities has slowed materially and real […]
Five data points RBA will focus on before a interest rate cut in June
All eyes will be on the RBA following their June meeting after deciding to hold interest rate steady in May. We can gather that the reason to hold interest rates behind the May meeting are driven predominately by a number of mix economic signals and the upcoming Federal election. With the election completed, the additional data points […]
Is this the peak in bond prices after record level of negative interest rate?
Major economy interest rates across the globe peaked in the 1980s. As global economies become more intertwined with inflation ever declining as result of companies outsourcing manufacture jobs overseas. Interest rate has also fell in lock step. We are still seeing the lasting impact from the financial crises which was primarily driven by leverage and the […]
US treasury bond yield curve in economic forecast
Global equity markets recovered quickly after the sell off following UK voted to leave the EU. On a medium time frame, you can hardly see the dip the blue chip indexes. On other hand, the US 10 year rate fell during the period of risk aversion and has remained low. The fixed income market is pricing in […]
Interest Rates News
The Reserve Bank of Australia sets the cash rate which form the basis of all variable interest rate products in Australia. Australian commercial banks sets the cost of home and business loans as a spread above the cash rate. As cash rate increases, the ultimate cost for the borrower increases as well. Vice versa when […]