Small Lenders Not Ruling Out Rate Hikes

Discussion in 'Loans & Mortgage Brokers' started by Waterboy, 15th Oct, 2015.

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  1. Waterboy

    Waterboy Well-Known Member

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    Waterboy, 15th Oct, 2015
    #1
  2. Waterboy

    Waterboy Well-Known Member

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    "Regional banks, mutual and non-bank lenders won't rule out taking the opportunity to bolster profits should the major banks copy Westpac's interest rate rise.

    This is despite not being subject to the same capital hikes imposed by the banking regulator on the big banks."
     
    Waterboy, 15th Oct, 2015
    #2
    Perthguy likes this.
  3. D.T.

    D.T. Specialist Property Manager Business Member

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    Doesn't affect very much for me. Adds about 8k a year in interest costs but the returns cover that.
     
    D.T., 15th Oct, 2015
    #3
  4. Waterboy

    Waterboy Well-Known Member

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    wouldn't if be nice if you used that for a Euro holiday instead?
     
    Waterboy, 15th Oct, 2015
    #4
  5. euro73

    euro73 Well-Known Member Business Member

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    Dave doesnt need to pay for my holidays :)
     
    euro73, 16th Oct, 2015
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  6. Waterboy

    Waterboy Well-Known Member

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    Well wouldn't it be nice if he did?
     
    Waterboy, 16th Oct, 2015
    #6
  7. euro73

    euro73 Well-Known Member Business Member

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    Dave? Keen? ......... the sound of crickets......
     
    euro73, 16th Oct, 2015
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  8. Waterboy

    Waterboy Well-Known Member

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    Seriously think about it.
     
    Waterboy, 16th Oct, 2015
    #8