Home Loan Interest Rates, Is a rate rise imminent?
There is a lot of speculation around at the moment as to whether interest rates will go up with the Australian Reserve Bank meets early November? As always there are two sides to the argument, the economists saying that interest rates must go up to hold down inflation levels and there are those that say Australia will enter into a recession if rates go up.
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Questions to ask yourself.
What effect will this have on the property market?
Should you wait before taking out a new loan?
Can you afford extra repayments should interest rates go up?
Should you consider a fixed loan?
Save Up To 0.70%p.a. Off A Standard Variable Home Loan Package.
www.stgeorge.com.au (sponsored search)
Home Loans with Mortgage Choice. Voted best mortgage broker 2008.
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Let Wizard help you find the right mortgage that suits your situation.
www.wizard.com.au (sponsored search)
8.61%P.a variable & comparison rate Take the direct approach today.
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8.74%, No fees, 5 day approval Enquire now and save.
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