best fixed rates - investment, page-9

LesPaul,

remember, RBA is lowering interest rates to scare of deep recesion, and not because the economy is actually in a position to lower them.

but i think you will find its more about what the banks will do, not the RBA..

Banks will be driven by loss's in bad debts.. the more they lose the more they will charge to borrow money as the cost of lending money out becomes more costly.

Also inflation is a issue, but down to 3.7% keep an eye on what that does as our $ devalues inflation may start to creep, which will also force interest up.

it actualy would not suprise me if interest rates were back at 7% or more in 2 years..

i think housing will be quite ill for some time after when the economy and stock market bounces back..