Eric Wu
@EricWuRealWay
RealWay Fiance Pty Ltd. We provide specialized mortgage broking services to property investors and home buyers. Find us at http://www.realwayfinance.com.au
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Hope so
CPI eases to 6.9% yy No surprise at all. Silence from the muppets looking for the reversal of the petrol excise cut to boost the overall result. Can I see cartwheels being done at Martin Place? As noted often, the end of the rate hiking cycle is probably just a week away
RBA getting cautious/nervous with just 25bps. It's getting concerned about the international economy, material downside to domestic spending - consumer sentiment & falling house prices are cited, lags from the 250bps of earlier hikes & moderate wages growth My Two Minute Take
0.25% rise on rate today. When do you think "media" are going to scream "life is back to normal"?
Words of caution in theses “red hot” markets With the frenzy in many markets, it feels like anything you buy, you “will” make money. This may be true It is also true that this is the time for vendors to get ride of lemons. business.facebook.com/RealWayFinance…
Home loan deferrals dropped to $68.2Bn or 3.9% of the loan book in October, down from $195Bn (11%) in June. The risk of large numbers of distressed properties hitting the market once deferral holidays expire in March 2021 has diminished significantly. apra.gov.au/temporary-loan…
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