Friday newspaper posted latest borrowing figures for the last 5 months.
Borrrowing for a establish property droped by 3%
Borrowing for a new property dropped by 3.2%
Borrowing for a new construction of home 3.7%
Article commented that RBA was suprised it was far higher than their expected 2%.
This than would justify no further increases in the interest rates.
However reading a article from a overseas newspaper, a journalist noted how australian interest rates are the highest in the world. He continued to write how interesting it was to note when australian banks borrowing rates goes up so does the mortage rate. The journalist noted was our RBA independant or not from these banks.
- Forums
- Property
- latest borrowing figures out
latest borrowing figures out
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online