interest rates at normal levels, page-4

you're easily humoured aren't you BG.

unfortunately for your "read" on interest rates

Glen Stevens was talking about Australian retail mortgage rates are back to average for the mortgagors.

that is because at 4.5%, the average floating mortgage is 7.3-7.5%

as banks margins on top of the base rate have crept up to 2.8-2.9% as opposed to 1.8-1.9% before the GFC.





interbank futures
http://www.sfe.com.au/content/prices/rtp15SFIB.html



I have you quoted saying interest rates will be 10% by end of 2010.
sticking to that one now?