Mortgage rates nudge higher: Pete Wargent

Mortgage rates nudge higher: Pete Wargent
Mortgage rates nudge higher: Pete Wargent

While it's possible to borrow money at significantly lower rates than reported here, mortgage rates have nudged higher over the last couple of months. 

Government bond yields have also crept steadily higher. 

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Mortgage rates nudge higher: Pete Wargent

In fact the 10-year bond yield had dropped well below 2 percent in the second half of 2016, but has since staged a strong rebound to sit around 2.70 percent. 

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Mortgage rates nudge higher: Pete Wargent

PETE WARGENT is the co-founder of AllenWargent property buyers (London, Sydney) and a best-selling author and blogger.

His latest book is Four Green Houses and a Red Hotel.

Pete Wargent

Pete Wargent

Pete Wargent is the co-founder of BuyersBuyers.com.au, offering affordable homebuying assistance to all Australians, and a best-selling author and blogger.

Tags: 
Home Loans Mortgage Rates

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