rate cut tomorrow?, page-14

hi acorn

Conversely , I'd be happy to see my mortgage rate go down.

It all depends on your perspective .



fair enough mate i can understand that but to be honest on my perspective the whole property situation is getting out of hand my savings interest is my income and because of reckless property buyers leveraging themselves to the moon people like me are being punished.. stop kicking a dead corpse. the property boom is over and deflating its a well known fact.
property owners should really be looking at their account and working out how to decrease their exposure not borrowing more.. if we have another property boom ill admit im wrong but with people screaming for interest rate cuts sais there is more debt in the market then credit.