Guest The Pom Queen Posted December 7, 2010 Share Posted December 7, 2010 Well the reserve bank have decided to keep the interest rates on hold. They don't meet again now until February.:wubclub: Quote Link to comment Share on other sites More sharing options...
Guest chris955 Posted December 7, 2010 Share Posted December 7, 2010 Well that is some relief for those on variable rate mortgages. Quote Link to comment Share on other sites More sharing options...
Parley Posted December 7, 2010 Share Posted December 7, 2010 Yes that is good news. I guess it is mainly because all the banks increased their rates by well over the official RBA rise last month that they don't need to do it again. Lets hope it stays on hold for while. Quote Link to comment Share on other sites More sharing options...
gpo1971 Posted December 7, 2010 Share Posted December 7, 2010 'Agressive' rises expected end 2011 into 2012. Quote Link to comment Share on other sites More sharing options...
Guest Mark X Posted December 7, 2010 Share Posted December 7, 2010 It is really good news for thousands of people who are struggling pay their morgages espesically before Christmas - we'll have to wait and see now what the New Year brings. Hopefully the banks will listen to their customers are stop increasing way beyond the set rates. Quote Link to comment Share on other sites More sharing options...
Guest chris955 Posted December 7, 2010 Share Posted December 7, 2010 Banks listen to their customers, well I guess there is a first time for everything. :biggrin: Quote Link to comment Share on other sites More sharing options...
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