CBA Hikes Interest Rates – Housing Loan Update

#CBA #HousingMarket #HeiseSays
CBA is hiking rates once again and increasing the monthly costs of borrowing money for Australia. Will this impact the housing market or is it just a reflection of the cost of borrowing?


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  1. "The best time to plant a tree was 20 years ago and the next best time is now" I consider this to be best motivational quote I've heard in a very long time. But motivational quotes are useless if you don't practice what you preach*

  2. The question isn’t now, but what is it expected to be in 4 years time? Remembering GST rising & stagnant wage growth.

    Australians live for the now & not for the future, but I guess they are just happy to be alive, as the outside world is no more 🐑😷😢

  3. I think people, are totally missing the point. People with average incomes have over borrowed in a seriously over inflated market. If I got 2% off a $600,000 quadie,I would be absolutely pumped, but apparently 2% on a $600,000 loan is nothing 😐🤭🤦‍♂️

  4. You fail to realise this in just another increment. Next month add another then another and all of a sudden not so manageable Heise. Not to mention the narrative alone can very quickly change sentiment. Good ol fashion common sense tells me this will end badly for the majority.

    in nz , the same banks. Last week westpac raised its 2 year fixed to 4.19% . About 6 months ago you could get some fixed rates under 2% . But many for 2.3% . And guess what. Nzs RBNZ has only lifted its OCR one time. From .25% to .5% . And Auckland, 1/3 of nzs population and economy has been in lockdown for 2 months. Australia ( same banks) are now doing the same as nz. Moving outside their central banks. Central banks ( around the world) are trying to keep rates low with no change to upset jobs and businesses, but in many countries the figures for jobs and GDP is ok. But central banks know they’ll creat a asset crash if they lift to early. But inflation/bond/markets/banks are saying inflation is a massive problem and the economy is doing ok. Now banks are going alone. Central banks will be forced to follow or some central banks will, then they’ll follow. Then there’ll be a assets crash and central banks will drop again. HAHAHAH just joking. Maybe. But I do believe inflation will climb for another year then come down as the world ends up over supplying everything and a glut is formed and prices come down before balancing back to normal. But debt and assets prices can’t hold at these prices. 1 and 2 year fixed rates could get a high as 6% before the shit hits the fan

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