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Mortgage Broker News | 17 Mar 2011, 10:00 AM Agree 0
Brokers looking for definitive advice on steering clients toward fixed, variable or combination mortgages are out of luck, with industry opinion divided ahead of expected rate hikes.
  • Rajinder Sohal | 25 Mar 2011, 08:19 AM Agree 0
    Interest rates are related to GDP. In the coming decade western economies are not going to see major upward trend. Increase in interest rates are going to lead to stegflation, economic reversals, unemployment and will be foolish idea.
    Distruction in Japan will give lead to some recovery. Only viable step is to decrease the direct taxes, increase the competition, immediate check over monopoly trends, and increase purchasing power of the masses and see multiplier affects.
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