Mortgage rates could rise on back of high global rates
Ian Verrender |
09 April 2018
When there's so much happening — cricket scandals, trade wars and the potential for military action — ongoing inaction generally isn't a celebrated event.
Last Tuesday, the Reserve Bank of Australia distinguished itself for equalling its record of 20 consecutive months of doing nothing. Next month will be the clincher.
For anyone lulled into a sense of torpor, best not get too comfortable. Official rates may not be going anywhere any time soon, at least in Australia.