What happens if interest rates rise, and how does one strategize…? In terms of the expectations of some of Australia’s most respected interest rate commentators, they generally see higher interest rates moving forward, but not quite as high as the market is currently pricing. For example last week Westpac’s Bill Evans revised the banks projections […]
My view on rising interest rates
Is now a good counter-cyclical opportunity to buy property?
How does the current downturn, compare to previous downturns? In aggregate, property values throughout Australia have been falling for about 20 months. Some markets are performing better than others, and there are of course many ‘markets within markets’, but the sharpest declines have been in Melbourne and Sydney. Over the past 40 years, national housing […]
93% of NAB’s new mortgages have come from brokers
NAB have just announced their first half 2019 results and they are very interesting, here’s a summary of the key points: NAB’s mortgage book grew by 3% in 1H2019, which represents $9bn in new mortgages Of the $9bn in new mortgages, 93% came from mortgage brokers (with the remainder coming from NAB’s branch network and […]