Interest rate drop?

Discussion in 'Property Market Economics' started by MTR, 2nd Mar, 2020.

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  1. Never giveup

    Never giveup Well-Known Member

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    O% :eek:
     
    Never giveup, 23rd Mar, 2020
    #101
  2. JohnPropChat

    JohnPropChat Well-Known Member

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    Goverment is throwing money at banks for 0.25%, why are the interest rates from banks at 2.29%? After a few years at (near) zero rates, we'll probably see Germany style sub-1% long term fixed rates. When/if is the question.

    upload_2020-3-27_13-58-6.png
     
    JohnPropChat, 27th Mar, 2020
    #102
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  3. Redwing

    Redwing Well-Known Member

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    Expect the banks to move before the RBA though when the worm turns :D
     
    Redwing, 19th Jul, 2021
    #103
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