Economists are predicting a .25% drop of the OCR tomorrow.
Economists have a very high success rate of predicting incorrectly.
We're probably looking at, at least a .50% drop.
The housing market is ready for it's next kickstart.
Oil prices are dropping and inflation prospects are looking good.
Fannie and Freddy are hanging with Bush.
Mainstream Bank floating rates should start to drop in the following days.
Some Banks have advised that they will not drop if the OCR drops because of the cost of overseas borrowing.
Those Banks will drop their rates anyway so that their customers dont move to the Banks with the lower rates.
Economists have a very high success rate of predicting incorrectly.
We're probably looking at, at least a .50% drop.
The housing market is ready for it's next kickstart.
Oil prices are dropping and inflation prospects are looking good.
Fannie and Freddy are hanging with Bush.
Mainstream Bank floating rates should start to drop in the following days.
Some Banks have advised that they will not drop if the OCR drops because of the cost of overseas borrowing.
Those Banks will drop their rates anyway so that their customers dont move to the Banks with the lower rates.
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