Borrowers breathed easier last week when the Reserve Bank decreed that there was no need to increase interest rates - for now.
Wednesday, November 5th 2003, 12:27AM
by The Landlord
Floating mortgage rates stayed put and the housing market kept rolling along.
But whatever the Reserve Bank may decide, some mortgage rates are rising. And while nothing is inevitable about interest rates, borrowers and would-be borrowers should be prepared for more of the same.
