I reckon rates will hit 4.5 - 4.75 and stay that way for a fair while.
Stevens can't go round telling first home buyers to allow for at least a (yes I know he said at least) 2 percentage point increase and then go and jack them up 3-4%
Westpac has maintained its forecast for rates to be 4.5% by June and STAY this way through to march 2011 with a June 2011 forecast of 5%
