All Topics / Finance / Rate Rise Friday

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  • Profile photo of Don NicolussiDon Nicolussi
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    @don
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    May be of interest to some that Macquarie have increased interest rates on all fixed terms effective tomorrow.

    Don Nicolussi | Mortgage Broker - Home Loan Warehouse
    http://homeloanwarehouse.com.au
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    "I think of finance as a technology, a way of getting things done." Robert Shiller

    Profile photo of TerrywTerryw
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    @terryw
    Join Date: 2001
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    ME Bank recently increasedd their 3 year fixed rates too Could this be the start of the upwards trend?

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://structuring.com.au/
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    Lawyer, Mortgage Broker and Tax Advisor (Aust wide) http://propertytaxbook.com.au/

    Profile photo of Melb InvesterMelb Invester
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    @melbinvester1
    Join Date: 2014
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    So Fix for 3 years?

    Profile photo of Don NicolussiDon Nicolussi
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    @don
    Join Date: 2005
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    Also most would be noticing the out of cycle rate rises going on for investment loans ( new and existing ) across lenders eg CBA, Macquarie.

    Don Nicolussi | Mortgage Broker - Home Loan Warehouse
    http://homeloanwarehouse.com.au
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    "I think of finance as a technology, a way of getting things done." Robert Shiller

    Profile photo of Corey BattCorey Batt
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    @cjaysa
    Join Date: 2012
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    Very much doubt this is the beginning of rate rises across the board – it’s just ratcheting up of rates for investors as a part of the APRA crack down.

    Corey Batt | Precision Funding
    http://www.precisionfunding.com.au
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    Investment Focused Finance Strategist - servicing Australia-wide

    Profile photo of DeanCollinsDeanCollins
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    @deancollins
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    St George increase investor fixe term rates last week.

    5 years is now 5.59%

    Still a pretty good deal to allow you to sleep at night for the next 5 years……but based on China……I don’t think rates are going up to 2% in 2016 like the USA reserve bank originally bullishly planned.

    Basically we are in an extended period of low interest rates.

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