admin-ajax.php

What are the banks going to do with interest rates now?

Following the RBA’s decision to hold fire on the cash rate, attention is now turning to the banks.

Will they lower interest rates soon?

Michelle Hutchison from RateCity explains what to expect in this interview with Peter Switzer.


Remember how the banks said they may drop rates even if the RBA doesn’t? Will they really do this?

 

[post_ender]



icon-podcast-large

SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

icon-email-large

PREFER TO SUBSCRIBE VIA EMAIL?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'What are the banks going to do with interest rates now?' have 1 comment

  1. Avatar for Property Update

    February 7, 2013 @ 8:15 am Simon Taylor

    The global race to devalue has begun.

    It’s simple, whoever can cut the value of their currency the fastest, wins.

    From where I’m sitting in the recession weary UK were rates sit at 0.5%, the Aussie Dollar has to fall to keep your commodity hungry customers in Asia and their global export market happy.

    Your property market is creaking, tourism is struggling and borrowers are having to service mortgages on rates of 6% plus.

    What are you waiting for Australia, catch up, join the currency war and cut rates now!

    Reply


Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*

facebook
twitter
google
0
linkedin
0
email

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!