Home / Home Loans / Four rate rises on the way

Four rate rises on the way

27/01/2010

The RBA is expected to raise rates by 25 basis points, to 4 per cent next week. The interbank futures market has priced the chances of a rate rise next week at 65 per cent, and predicts up to 108 basis points, more than four official moves from the central bank, over the next year.

Economists said that inflation figures, due to be released today are remaining stubbornly high and would probably cause the Reserve Bank to keep raising interest rates in order to bring it back under 3.0 per cent.

Source: The Australian

Previous Article  Next Article



Popular Mortgages $250k

 



Popular Searches


Today's Best Rates

Institution Product Title Rate (%) Details
eMoney Pro Pack 75 (loans below 75% LVR. Contact us for loans above this LVR) 6.08  
UHomeLoan - Refinance only (6.14%p.a incl 0.20%p.a lifetime Loyalty Discount) 6.14
State Custodians Standard Variable Offset Loan 6.22
IMB Budget Home Loan (No Application Fee) 6.27
MyRate.com.au - Advantage Rate Loan 6.35  
Institution Product Title Rate (%) Details

Rates for a $250,000 standard loan. The 3 year tabs show loans that are fixed for 3 years.



SPONSORED LINKS