
Mortgage News
Home loan rates being tweaked
Thursday 1st of November 2007
The Reserve Bank maintained the Official Cash Rate last week at 8.25% but some economists believe that a further increase cannot be ruled out. Most say that even if there are no further rises, rates are stuck on high for many months to come, if not another year.
Where lenders are reducing rates now they are doing so as a result of their ability to secure cheap funds so they can promote attra...
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