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
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
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://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
So Fix for 3 years?
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
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
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
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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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