Winter is here, but our property markets are running hot! The Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.0% at its monthly Board meeting today. Whilst the decision was widely expected, it was made amongst speculation that there is another rate cut on the horizon this year, [...]
As your local mortgage broker, one of our most frequently asked questions is about timing the market to fix interest rates. We're often asked "Should I fix now, or should I wait and see if interest rates get even lower?". It might sound like a simple question, but giving you an answer is not as [...]
We hope you are well and making the most of our busy autumn selling season and the lowest interest rates this century! This month's newsletter is packed with good news and helpful hints for those in the market to purchase property. At its May meeting, the Reserve Bank of Australia (RBA) decided to cut rates [...]
Interest rates at an all-time low! If you're thinking of investing, purchasing a new home or refinancing, now is a great time to get in touch. With the Federal Budget due to be handed down in exactly one week, the Reserve Bank of Australia today decided to reduce the official cash rate by 25 basis [...]
The Reserve Bank of Australia met on Tuesday for its monthly board meeting and decided to keep the official cash rate on hold at 2.25%. Many market analysts were predicting a rate cut today, but the RBA has decided to maintain the status quo for another month. The RBA cut rates in February for the [...]
Autumn has arrived, and across Australia, property market activity is picking up after a relatively quiet summer period. It’s looking like we can expect an even busier autumn property season than last year in most cities. In the first week of March, the Reserve Bank of Australia (RBA) held its monthly meeting and elected to [...]
With the great spring weather and the exciting Spring Racing Carnival well and truly under way, there's plenty of good news for those of you who are in the market to purchase property this month! Once again, the Reserve Bank of Australia has decided to keep the official cash rate stable at 2.5% during its [...]
With spring bringing us great auction weather and most of Victoria taking the day off for the spectacular Melbourne Cup Carnival, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.5% during its monthly meeting today. Most analysts were expecting the cash rate to remain unchanged, continuing the [...]
This month, the news is all good for those in the market to purchase a property! At its October meeting, the Reserve Bank of Australia has once again decided to keep the official cash rate on hold at 2.5%. This is the 13th consecutive month where the cash rate has remained at these historically low [...]
With the property markets picking up during the busy spring selling season, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.5% during its monthly meeting today. Most analysts were expecting the cash rate to remain on hold after the RBA cited a "period of stability on interest [...]
