Interest Rates

[Jeffa]

^^Oil prices likely to fall after a better than expected US cpi print, and Fed likely to signal an end to its rate hike cycle

Chinas weak economy will push down oil demand and prices

Thiis will push the Saudis and the oil cartel’s to cut oil production

[donna]

If the OCR is 3 % ish in 2026 - what would a 2 year fixed mortgage interest rate be - 2% above OCR? Is there a formula to knowing roughly what rates will be based on OCR? The answer may be on PT but not in this discussion.

Cheers

Donna

[JBM]

^^Oil prices likely to fall after a better than expected US cpi print, and Fed likely to signal an end to its rate hike cycle

Chinas weak economy will push down oil demand and prices

Thiis will push the Saudis and the oil cartel’s to cut oil production

"very good chance we could see 2mbbl per day deficit in supply" .. CNBC oil analyst today on later 2H23 outlook

[JBM]

If the OCR is 3 % ish in 2026 - what would a 2 year fixed mortgage interest rate be - 2% above OCR? Is there a formula to knowing roughly what rates will be based on OCR? The answer may be on PT but not in this discussion.

Cheers

Donna

Hard to know exactly just as we don't really know what the RBNZ rate will be at that time ... but going off what I signed up for around the time we did have 3% core rate .. I got 1yr fixed for 4.75%...

[Jeffa]

I also predicted the Warriors will win the NRL grand final

... because I'm not a pussy.

King Jeffa is never wrong! Never I tells yah!!

Up the fkn….