#Cashrate #housingmarket #heisesays
They’re not waiting for the RBA.
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Banks are evil
Rba needs to stop printing money they are psycopaths.This will kill inflation.
I have just visited the ANZ and they have reduced one of my mortgages by almost 1% and apparently will do similar for the other. Ask the question, you never know what they will do to keep you happy.
please hike term deposit rates.
interesting when i bought my house a $1 difference in my deposit made a 0.25% difference to my interest rate and saved $7k saved in LMI… as in the minimum amount of LMI charge was $7k
Seems right.. as long as they lift the savings accounts interest rate paid. But never the less, over next 4 months interest rates are going up up up anyway. So come see come sigh
Skynews tonight…family mortgage went from $4500 to $7000 pm.
Should be further increases of 2-3% to get honest with inflation.
Nice shirt Heise 👍
Shouldn't be surprising
The RBA has no influence on the price of the rates of our Commercial Bank's
The RBA, Government & Media will never tell you that because they need the Grift to continue
RBA doesn't like to dissapoint the market…more rate hikes coming
Talk about debate ,why does fridge have a ,d, but not refrigerator
The real tax IS inflation, ie increase in cost of money via interest rates, commodities ie price increases in food and energy, govt increases in rates and fines
Nothing Happy
I've said it once and ill say it again for the hard of hearing at the back. Shop at Aldi. Good, different.
🤣🤣🤣🤣🤣🤣
The problem with people that bought before covid mania is that a big part of them have been using equity from their homes to bankroll lifestyles or to leverage new investment properties. Society is leveraged to the max and the effect of these higher rates are going to see a fair few Rangers and Jetskis disappear.
Today, banks are just scammers protected by government.
Fantastic better divide from the banks for me 👍🙏😉😁⬆️⬆️⬆️⬆️⬆️⬆️⬆️
I bought 4 properties between 2012 & 2019. My original starting rate was 5.09%. i did three years interest only on my investments and saved and invested the extra. Rent has increased a bit, mine are still way below current market rates but i mostly have family renting from me. 2.5 property mortgages are fixed under 3% till June 2025. Other variable loans have full or partial offsets. I've been out of work for over two years but still manage.
My opt out strategy is to move to Asia where i have other properties. Anyone can do it. Just plan, set goals and do it. Stop whinging
They haven’t “hit” anybody with a rate rise before the RBA have they? They have changed their standard offer which people are free to take or leave.
This proves the banks are feeling the heat and the RBA is not doing enough. This is bad. Real bad.
"$100 shouldn't make a difference"
Have you heard of the phrase death by a thousand cuts?
In the news if it bleeds it leads almost no mention of the increase in incomes for savers enjoying a greater return on savings their are more savers than people with overstretched mortgages hopefully as the rental yield margins turn negative more housing stock will enter the market
It's out of control…..this won't end well….
This is all planned , the lockdowns etc.
Yahoo news is garbage…yahoo in general is garbage
The Banks and RBA are all part of the same cabal. The future is dire for those in debt and the best thing to do is sell out before the banks take it all from you.