- Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069Hari YellinaParticipant@yellinaJoin Date: 2007Post Count: 101Jamie M wrote:Probably no surprises there.
WESTPAC is expecting 2 rate decreases next year. Hopefully we can see 2 more.
I went to ANZ to fix my Interest rates and they told they are expecting the rates will decrease next year.
Do you think they will decrease. Please let me know your opinion.
Keep Investing - Grow while Resting.Ryan McLeanParticipant@ryan-mcleanJoin Date: 2010Post Count: 547Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069ryan mclean wrote:Hey Jamie,
I would also like to ask the same question as Hari?
I have heard others say that they are expecting rates to go down again as well. Do you think this is true?
It's a tough one to answer – and it's a question I get all the time. I prefer to sit on the fence when it comes to discussions about rates – unless you've got a crystal ball it's tough to determine….plus I'd rather let my clients decide on whether they'd like to go fixed/variable or a combination of both. I just spell out the pros/cons of each and let them make an informed decision.