Michael Pascoe

Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.

Want to be the first on your block to have a rate rise? A tracker loan might be for you.

Beware tracking down a tracker home loan

What a funny little business the sudden interest in "tracker home loans" is – an apparent desire to have a home loan that immediately follows Reserve Bank cash rate movements just when there's a very good chance the next RBA move will be up.