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Home buyers and investors shrug off CBA’s rate rise – The Australian Financial Review
Home buyers and investors were untroubled by a small rise in Commonwealth Bank’s three- and four-year fixed rate.
Ms Holland believes the end of the Reserve Banks term funding facility, which has supported low rates, was well flagged. She says a small rise in rates as the cheap funding is withdrawn is only likely to have an impact at the margin.
If you look at the forecasts for property price growth from the CEOs of the big banks, they are very strong, Ms Holland said.
I dont believe it will have any significant impact on property prices, but for those with big household debt there will be some concerns.
Bank…
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