Sydney and Melbourne property prices depend on CBA share price which is currently heading south. CBA employees are asked to support the share price. If the share price of CBA continues to head south, funders from London and New Year may ask for higher interest rate which translates for higher risk. It that happens you would expect the mortgage interest rate will go up drastically.
Let's hope CBA share price is supported.
- Forums
- Property
- Investors park cash in property
Sydney and Melbourne property prices depend on CBA share price...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)