I am annoyed...

There is a certain bank out there that is really starting to annoy me...really bad customer service...time for a change....

www.ozpropertyinvesting.com.au

Interest Rate Prediction

Hello all, well I finally have some time to continue blogging, so I thought todays topic should probably be centered around the recent interest rate rises. My personal opinion and prediction is that interest rates will continue to rise until mid 2010. Australia's prosperity is ongoing, the mining boom is still in its infantile stage and hence money into Australia is going to continue. We all know the RBAs strategy of lifting rates to slow inflation, so rates, as far as I can see, will continue to rise for a while yet. I am suggesting that people fix a portion of their loan (I am not a finance adviser) for 2 years.

What I am seeing is a slight downturn in the market, so if you can buy, the next 6 months will be full of bargains.

Bye for now...

www.ozpropertyinvesting.com.au