Mortgage News

Expect lower mortgage rates in six months: Stephens

Monday 15th of February 2016

Dominick Stephens is predicting a 50bps point cut in the official cash rate this year, probably in June.

He said that would mean floating rates were highly likely to fall and there was a good chance fixed rates would follow.

Cameron Bagrie, ANZ’s chief economist, agreed it was possible that mortgage rates would come down further. The major banks are currently advertising two-year...

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