Australia's largest stock trading and investment forum Australia's #1 stock forum

RBA could raise interest rates 8 times over 2 years, page-4

First 4 Last

Share
Profile

Follow
moneyback

928 Posts.

28/06/17

20:11

Post #: 25548612
Share

Originally posted by Menta ↑

Contrary to popular misconception, central bankers do not set interest rates. The market does. As the market starts to re-price risk (ie. the risk of debt/mortgage default) bond rates are bid higher. We've seen the bottom of this historically low interest rate cycle which lured the most marginal borrowers into the market at the worst possible time. As rates rise on the pyramid of record high mortgage debt in Australia arrears and defaults will follow.

We've seen panic buying in Australian property over recent years fueled by a fear of missing out. We'll see panic selling over coming years fueled by a fear of losing everything.

Expand

i guess your selling your family home then? Why wouldn't you if you were that sure.
4 Upvote

Reply

Top Stories

TLG

Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year

EMR

Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau

EBR

EBR reaches review milestone for wireless cardiac pacing device

I88

Infini rolls on with soil sampling at Portland Creek not long after making possible 'uranium history'

HYT

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

There are more pages in this discussion • 45 more messages in this thread...

First 4 Last