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Rates not likely to hit these peaks again

Thursday, March 11th 2010, 2:45PM

A look back over home loan rates over the past five years shows huge range they have traded in. The good news out of today's OCR announcement is that the Reserve Bank doesn't expect rates to peak at the same sort of lofty levels they reached in 2008.

Also the graph shows that five year rates have been the least volatile, while at the other end of the yeild curve floating rates have gone from one extreme to the other.

 

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Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.

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