Les Avalook Posted October 6, 2009 Share Posted October 6, 2009 Australia became the first country to increase interest rates since the credit crunch. Australia raises interest rates - Times Online# That should help the exchange rate for us in the UK:cry: Link to comment Share on other sites More sharing options...
Guest PhilBen Posted October 6, 2009 Share Posted October 6, 2009 Australia became the first country to increase interest rates since the credit crunch. Australia raises interest rates - Times Online# That should help the exchange rate for us in the UK:cry: Hi Les it's the other way around, it weakens the pound Link to comment Share on other sites More sharing options...
Guest Money Saving Oz Posted October 7, 2009 Share Posted October 7, 2009 For those of you moving out from the UK and thinking of getting a mortgage, there will almost certainly be more interest rate rises to come. The average home loan at the moment is around 5.74% with the major banks, although you can get many loans around 5.25%. The experts are predicting rises of upto 2%, so if you're looking to purchase a home, make sure you factor that in. Adam Money Saving Master - The best money saving deals in Australia Link to comment Share on other sites More sharing options...
Guest Bob Tonnor Posted October 14, 2009 Share Posted October 14, 2009 Anyone looking for a mortgage at the momeent should definately shop around, there are a range of deals available if your prepared to look . On Location Lowdown under the real estate tab, under intranets, there is a weekly updated speadsheet of just about every available mortgage in Australia, you can see from this that it might just be worth giving the big 4 the big heave ho! Bob Link to comment Share on other sites More sharing options...
ali Posted October 14, 2009 Share Posted October 14, 2009 There was something on the news the other day saying that lenders/home owners should plan for about 7 interest rate increases over the next 12 months, which is the number being forcast. Link to comment Share on other sites More sharing options...
Mongrel Posted October 14, 2009 Share Posted October 14, 2009 There was something on the news the other day saying that lenders/home owners should plan for about 7 interest rate increases over the next 12 months, which is the number being forcast. woopy doo any body want lodgings , bloomin things not built yet boooo Link to comment Share on other sites More sharing options...
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