For those who are not tracking the developments in Australian yields, the following will be an interest as Huffle’s 10-year mortgage nears launch.
Since July 2015, we have seen 2 cuts by the RBA to the cash rate. However, the yield curve has flattened a further 47bps on the 10-year. The 10-2 spread is now just 36bps.
It’s getting cheaper to borrow longer.
Hint hint home owners. Sign up at www.huffle.com.au.