Tune in here for the latest information about credit, interest rates, and the property market. We do our own research to give you the most current and accurate news.
As at close of business on Friday 10, July 2020 the bond traders, as implied by the Interest Rate Swap Yield curve, say that the Reserve Bank will not increase interest rate until July 2023. Their expectations can change at... Read more
We can now reach you online and help you buy and finance your home, with the same enjoyable and almost effortless experience that we created for our existing clients. Now, a little bit about us. We hold our own... Read more
Let us number crunch for a hypothetical no interest credit card with a limit of $1,000 and a $10 per month fee (aka an interest payment) for non-zero balances with a $35 monthly repayment and express this as an... Read more
Central Banks around the world, led by the Federal Reserve, are not only the Lenders of Last Resort but are now the Bonds Buyers of Last Resort as well. With the great chase of yield, the Interest Rate Swap Rates... Read more
Back on 20 March 2020 (last RBA interest rate cut) the bond market’s expectations was that the Reserve Bank was to keep interest rates at or below 0.25% for just under 2 years. As of 30 September 2020, and with... Read more
The bond market, especially the very long end of the bond market (10 years and over), is very susceptable to a significant sell off because of the re-inflation risks taken by the Federal Reserve and other Central Banks. Staglfation may... Read more
The interest rate swap (IRS) market is pricing an approximate 0.15% cut in the Official Cash rate by the Reserve Bank on Tuesday, 3 November 2020, but with keener expectations than for the October 2020 meeting. Interpreting the implied... Read more
It’s the colour of the money the RBA may print rather than the size of any interest rate cut that will matter the most on Melbourne Cup day, Tuesday, 3 November 2020. The bond market has priced in a... Read more
THE UNKINDNESS CUT POST RBA On 3 November 2020, the Reserve Bank announced a reduction in the cash rate, 3-year yield target, and the interest rate on new drawings under the Term Funding Facility to 0.10% from 0.25%. It... Read more
Without a doubt, the best 5-year fixed interest rate is Newcastle Permanent Building Society’s 1.99%. Also, they rate highly in our lender ratings with a score a TCSL of 96/100. Visit creditbroker.com.au. It compelled us to number crunch and calculate... Read more