The Bank of England just published an interesting report on household finances. There are some interesting parallels with Australia. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q4/the-financial-position-of-british-households
Two opposing points of view currently exist, in tension to each other. Some argue the Central Bank Stimulus, QE and low rates will drive...
Today I want to look at the question of refinancing after the RBA rate cut, and whether a long term fixed rate mortgage in...