“The interest rates are about to be increased. [Durbin] is trying to lock them in at a lower rate than what is about to happen in July...he's really trying to cut in half the interest rate that would be locked in.”
Christina Angarola
“During the Global Financial Crisis (GFC 2008 - 2010) Registered Finance Companies (RFCs) managed to achieve attractive interest margins as RFCs genarally borrow short term and lend long term as their high interest earning lending portfolio is financed by lower cost borrowings”
Sanjeewa Fernando
“Rate cuts may spur credit growth, however a government will have to keep a closer eye on it's inflation in order to minimize the demand pull inflationary effect”
“With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.”
Bill Gross
“A good measure of debts can help you in achieving your goals. However, an over dosage can produce nasty problems in the future...”
Zeng Han Jun
“If you are lagging behind in your housing loan payments due to some financial reasons, do not avoid the problem and call up your bank to negotiate the payment terms...”
“You should not leave your housing loan aside after getting it. Learn to keep track of it every six months, or retain an advisor, such as a mortgage consultant or broker who can help you to do it. You will realize you can save quite a large sum of money throughout your loan tenure.”
