Bond rout shows Washington can no longer take global markets for granted

Bond rout shows Washington can no longer take global markets for granted
The central bank could be losing control over long-term rates, says Ambrose Evans-Pritchard.
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I want to refinance my mortgage due to the recent low rate. Should I wait longer?

I bought an apartment in 2007 and the mortgage rate for 30 years is 6.5%. I recently went to a bank and they gave me the rate of 4.9% (as of April 09) for refinancing. It seems like Obama’s plan is working which is great. But do you think the rate will even go lower? [...]

Housing report, October 9, 2009: Why longer term fixed mortgage rates are edging up

Bernard Hickey delivers a Housing Report in association with ASB explaining how longer term wholesale interest rates are edging up in anticipation of rises in the Official Cash Rate next year. This will flow through into higher fixed mortgage rates as we go through 2009 and into 2008. Bernard also looks at the Fixed vs [...]

Housing report: Why longer term mortgage rates are rising

Bernard Hickey delivers a housing report in association with ASB, including a look at this chart showing where longer term mortgage rate are likely to be heading. This chart shows wholesale interest rates and how they’ve been on a slowly rising trend in recent months despite the Official Cash Rate being on hold. This has [...]