It appears there is a breakdown in the relationship between unemployment and house prices. I hazard a guess that its due to the low home loan interest rates we currently have (see my previous post) but given it appears the Reserve Bank looks like increasing rates further this year, for how long will this breakdown …
Daily Archive: January 5, 2010
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Jan 05
Low Interest Rates for some but not all
Source:RBA The above chart shows the changes in interest rates since the start of 1997 for 3 different bank loans… Credit Card Interest Rates Personal Loan Variable Interest rates Home Loan Standard variable interest rates Now, over the past 18 months we have all heard about ow the banks have not been passing on all …
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