*** To the moderators, you should have a forum just on property, it is a form of stock and is a legitimate financial asset building strategy.
Regarding home loans, do you think it is time to lock in a fixed interest rates?
There maybe another rate reduction in April, but even if there is, there is no guarantee that the banks will pass it on. They have said that they probably won't.
I am expecting another four or five months of no cash rate movement before they start to rise again shortly after that.
With all the cash that has been splashed about in such a short period of time around the world, it normally takes 12 months before these type of fiscal stimulus hits the numbers of the economy, so by the end of the year we will start to see it and then in 2010, I'd think they should go up.
Does anybody have a contrary idea?