At its September meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5%. How will this affect you this Spring? Despite the RBA keeping the cash rate unchanged, lenders continued to cut rates on principal and interest loans for owner occupiers during August. Home loan rates are still [...]
With a home loan it's easy to just "set and forget". But it's sensible to review your home loan every three years or so. We're living in a world of rapid change, where interest rates go up and down fast, new lenders emerge and more competitive lending products become available on a regular basis. Under [...]
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. [...]
As the new financial year kicks off, it's a great time to start afresh. That could mean buying your first home, investing in property, or even refinancing your loan to a more suitable option. With the cash rate on hold and interest rates remaining low, now could be a good time to consider purchasing property. [...]
At its July meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5%. What this means for you? Even though the official cash rate remains unchanged, lenders continue to make interest rate moves. Last month, the big four banks increased rates on interest only loans and at the [...]
What a whirlwind month it's been in the property world! The Federal Budget provided some exciting new opportunities for first-home buyers and downsizers. Housing market conditions cooled slightly last month, while auction activity remained strong in Melbourne and Sydney, but quieter elsewhere. The good news is that there may be some fantastic bargains around the [...]
At its June meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at an historic low of 1.5%. With the cash rate on hold, interest rates are likely to remain low and lenders will continue to offer competitive deals for those looking to purchase a home, an investment property [...]
It's been an interesting month for the housing market, with most capital cities experiencing softer growth in April than in the first three months of 2017. Hobart is leading the way as the strongest housing market, with home values increasing 5.1% over the past three months. In Melbourne and Sydney home value growth slowed in [...]
At its May meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5%. What does this means for you? Interest rates remain low, so it's still a great time to invest in property or to purchase a home! Despite some lenders raising interest rates on both owner-occupier and [...]
As we head into the Easter long weekend, activity in the national housing market continues to ramp up. Home prices in Australia's biggest cities have jumped 3.7% since the start of the year and Melbourne and Sydney continue to lead the way, with strong property price growth and high auction clearance rates. Last month saw [...]
