Tag: Interest Rates

Well, The RBA Does It Again… With Steve Mickenbecker

I caught up with Steve again following the RBA no change announcement on Tuesday, and we discussed the implications, in the light of new research from Canstar about the state of play of household finances.

Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

https://www.canstar.com.au/team-members/steve-mickenbecker/

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Interest Rates And How They Are Impacting Households: With Peter Marshall

I caught up with Peter Marshall from Mozo to talk about the current trajectory of interest rates for mortgages, savings and cards, following the RBA’s decision to hold the cash rate at 4.1% on Tuesday.

https://mozo.com.au/authors/peter-marshall

The point is, more than ever before perhaps, its important to shop around for the best available rates, as banks are seeking to fatten their margins in the current difficult market.

Rate comparison portals such a Mozo https://mozo.com.au/ can help to find the best deals.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Interest Rates And How They Are Impacting Households: With Peter Marshall
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Interest Rates And How They Are Impacting Households: With Peter Marshall

I caught up with Peter Marshall from Mozo to talk about the current trajectory of interest rates for mortgages, savings and cards, following the RBA’s decision to hold the cash rate at 4.1% on Tuesday.

https://mozo.com.au/authors/peter-marshall

The point is, more than ever before perhaps, its important to shop around for the best available rates, as banks are seeking to fatten their margins in the current difficult market.

Rate comparison portals such a Mozo https://mozo.com.au/ can help to find the best deals.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

More Bank Tricks To Make You Poorer!

Great article from The Conversation which discusses how deposit interest rates are not rising as they should, giving the banks the opportunity to bolster their profits.

As I discussed recently with Steve Mickenbecker from Canstar, people need to be careful, as the market is very misleading, or worse.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Are The Interest Rate Pips Beginning To Squeak: With Steve Mickenbecker

Steve and I discuss the latest in interest rate movements, refinancing, and the impact on household budgets. We look at how households can save significantly and ensure they have the best deals on mortgages and savings rates.

We know that many are still not on the best available rates and as a result are paying more than they need to, which may benefit bank profits, but which do not help individual household cashflow.

https://www.canstar.com.au/team-members/steve-mickenbecker/

Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

The Eighth Rate Rise In A Row: What Next?

I caught up with Peter Marshall from Mozo to discuss the latest following the RBA 25 basis points rise yesterday. What is going to happen ahead, and how should households be planning to manage under the new higher-rate environment? And of course, after the eighth, comes the ninth…. etc….

Peter Marshall has been working in the Australian banking and finance industry for over 20 years and oversees Mozo’s extensive product database. He is regularly sought out for his expert commentary and analysis on banking and interest rates trends by print, radio and TV media.

https://mozo.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

The Eye-Watering Rate Rise Pain Will Continue…

The RBA will likely hike rates again tomorrow, so we look at the potential impact, the the estimated terminal rates across the big four – there are significant variations.

The market is also expecting rates higher for longer.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

When Is A Pivot, Not A Pivot? With Peter Marshall [Podcast]

I discuss the recent RBA rate change with Peter from Mozo. What is happening to mortgage and savings rates and what may happen next?

Peter Marshall has been working in the Australian banking and finance industry for over 20 years and oversees Mozo’s extensive product database. He is regularly sought out for his expert commentary and analysis on banking and interest rates trends by print, radio and TV media.

https://mozo.com.au/authors/peter-marshall

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
When Is A Pivot, Not A Pivot? With Peter Marshall [Podcast]
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The RBA’s Interest Rate Debacle…

Whilst the rate of interest rates rises is likely to ease ahead, eventually, as the RBA’s Jonathan Kearns, Head of Domestic Markets said today in a speech titled Interest Rates and the Property Market that there are important connections between property prices and interest.

https://www.rba.gov.au/speeches/2022/sp-so-2022-09-19.html

He said interest rates both affect, and are influenced by the economic effects from, both residential and commercial property prices. We can be confident about some aspects of the impact of interest rates on property prices, but there is considerable uncertainty about other aspects.

Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing alongside you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.