Mortgage Focus August 2017

With winter on the way out, now could be a great time to score a bargain in the property market, as some buyers may still be in hibernation mode and traditionally, there is less competition at this time of year. Property numbers are likely to pick up later this month and into early September, with […]

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RBA keeps cash rate at 1.5% for August 2017

At its August meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5%. How will this news affect your situation? With no cash rate movement from the RBA, interest rates remain competitive so it could be a good time to purchase a home, investment property or to refinance. […]

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Interest rates on hold for April 2017

At its April meeting, the Reserve Bank of Australia decided to keep the official cash rate on hold at 1.5%. What this means for you? Last month we saw lenders adjusting rates outside of RBA movements, due to their own increasing costs of borrowing and investment appetite. Despite some upward movement in recent weeks, interest […]

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Mortgage Focus January 2017

Happy New Year! We hope you enjoyed the break and Santa was kind to you and your family this Christmas. Are you ready for another fantastic year in our property markets? As the Reserve Bank of Australia will not meet until the first Tuesday in February for its initial rate meeting for 2017, there is […]

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Cash rate on hold for November 2016

At its annual Melbourne Cup Day board meeting today, the Reserve Bank of Australia (RBA) announced it would keep the official cash rate on hold at 1.50% for November. According to comments made by RBA Governor Dr Philip Lowe last month, today’s decision was largely based on 3rd quarter CPI inflation data*. This data has […]

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Mortgage Focus – October 2016

Conditions are great for home buyers and borrowers! Are you ready to tackle all the excitement of our very busy spring property markets? Last month, the Reserve Bank of Australia (RBA) appointed a new Governor, Dr Philip Lowe. After his very first meeting as the RBA Governor, Dr Lowe announced the RBA would be keeping […]

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October 2016: no change on cash rate at 1.5%

Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on hold at 1.50%. Today’s RBA decision is the first for new RBA Governor Dr Philip Lowe, following the retirement of Glenn Stevens in September who served […]

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Mortgage Focus – September 2016

Spring is here and it’s also the start of the busiest time of year for our property markets! Auction activity is already heating up in our largest capital cities – are you ready for the rush? At its September meeting last week, the Reserve Bank of Australia (RBA) decided to keep the official cash rate […]

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Interest rates on hold for September 2016

Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5%. Today’s RBA decision follows a 25 basis point rate cut last month, which saw the official cash rate fall to all-time lows. The move prompted a flurry […]

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Mortgage Focus – August 2016

Whilst our property markets have cooled somewhat over winter, the recent rate cut from the RBA looks all set to motivate buyers and reignite property market activity in time for spring At its August meeting, the Reserve Bank of Australia (RBA) decided to cut the official cash rate by 25 basis points to just 1.50%. […]

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Lowest cash rate on record for August 2016

Today the Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50%, creating the lowest cash-rate ever on record! The decision follows the release of June quarter inflation data last week that revealed inflation has slipped well below the RBA’s […]

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Mortgage Focus – July 2016

With Britain’s vote to exit the EU and all the uncertainty that surrounded our own Federal Election this month, there’s a lot of volatility in our financial markets and our property markets have slowed. As predicted by most market forecasters, the Reserve Bank of Australia (RBA) decided to keep the official cash rate on hold […]

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