The Banks have not passed on the Interest Rates Cuts for most Mortgage Holders.
House Prices are Predicted to Soar thanks to the recent RBA rate cut.
Will the Reserve Bank Cut Interest Rates Today?
Will the rate cuts drive up the property market?
#RBA #RateCut #CashRate Another RBA rate cut is predicted, will it help the economy or has monetary policy depleted its effectiveness? References Just how much of the RBA rate cut will end up in your pocket? https://www.abc.net.au/news/2019-09-29/full-rba-cut-will-not-be-passed-on-by-banks-what-will-you-get/11547510?section=business
#AusPol #Budget #RateCut The RBA is predicted to make an interest rate cut tomorrow. Will it make any difference and will Australia avoid a recession or a housing crash? References With rate cuts and the real risk of a recession ahead, can Australia’s economic run of luck continue? https://www.abc.net.au/news/2019-06-03/rate-cuts-and-recession-can-our-luck-continue/11172000
#MortgageRepayments #PriceCrash #Housing Interest only mortgages repayment periods are steadily ending with many predicted to finish by 2020. Do you think this will have an impact on the housing crash? Are people really so fullish to have not planned for this? References Lenders release the Kraken: when mortgages rise by $1000 a month https://www.news.com.au/finance/money/lenders-release-the-kraken-when-mortgages-rise-by-1000-a-month/news-story/c7445bc500e3bb7f3c3319b456639049
#AusPol #PriceCrash #Housing I look at a recent article from MacroBusiness comparing Australia’s housing crash to those in USA, UK, Ireland and Spain. Then I look at another perspective from Wolf Street. Is the GFC finally catching up with Australia? References How Australia’s housing crash compares internationally https://www.macrobusiness.com.au/2019/04/australias-housing-crash-compares-internationally-3/ Update on the Spreading Housing Bust in […]
#AusPol #PriceCrash #Housing Experts are predicting continued housing price declines in Sydney and Melbourne with a $60,000 drop in Sydney. How can experts think any rate drop will have any impact at the moment? References Property prices to tumble $60,000 by 2020 https://www.news.com.au/finance/real-estate/buying/property-prices-to-tumble-60000-by-2020/news-story/752a1cf5496602aab59f215b9cf3bd4b