Mortgage fees could only fall an additional 0.4 % tells you Westpac

Mortgage rates may only have an additional 30 or forty foundation points to fall still in the event the Reserve Bank does lower the Official Cash Rate to minus 0.5 a dollar next season, Westpac says. The bank account is currently forecasting the Reserve Bank is going to slash the OCR by 75bp found April. […]

Low Mortgage Rates Help Propel A good Housing Market

The latest real estate market place is in condition which is great, with the combination of record poor mortgage curiosity prices, rising fresh home sales and greater mortgage applications. The important thing carrying it returned? The U.S. has a major housing dearth. Quite a few sixty % of real estate agents surveyed within June noted […]