Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Thursday, 28 March 2019

Goodnight nurse!

Another leg down

10-year bond yields down to 1.72 per cent today.


Lowest. Yields. Evuh.

Markets now pricing more than two further cuts.


Fixed rates set to fall

Bank bills have come back quite a lot, and this is helping with funding costs.


Good news here.

Macquarie Bank will now cut its 3-year fixed P&I mortgage rates to 3.69 per cent effective 1 April for 70pc LVRs or lower, representing a tasty drop of 30 basis points.

5-year fixed rates for investors on P&I loans will also be slashed by 60 basis points for 80 per cent LVR loans or lower.

Big moves, and plenty more to come where this came from.