And now....this
Wonder how thi smight influcne folks views of the DT actions
Word of warning...this is form other "experts"Four rate cuts in next 12 months
Despite fears of a US recession, the economic fallout could have a silver lining for Aussie homeowners slashing up to $400 a month from the average mortgage over the next year.
The ANZ is now forecasting four 0.25 per cent interest rate cuts that could save homeowners with a $600,000 loan around $76 to $156 per month depending on loan size.
A variable rate borrower with a $500,000 home loan could see their monthly repayments drop by around $76, while a borrower with a $1 million loan could see a reduction of $153.For families with a larger $1 million loan size the savings could be worth $9,000 a year.
