Mortgage rates nudge higher: Pete Wargent

Mortgage rates nudge higher: Pete Wargent
Pete WargentDecember 17, 2020

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. 

Click to enlarge

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. 

Click to enlarge

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

Editor's Picks

Iridian Residences to bring rare new apartments to Hampton East as completion approaches
First home buyers to pay no stamp duty on new property in QLD Gov shakeup
Southport's only new parkside apartment development: The prime location of Brighton on the Park
Aniko Group completes sold-out 35 Grant Avenue in Hope Island
The unrepeatable nature of Ora Sorrento apartments