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Latest news, insights and property market information.
Reserve Bank Cuts Rates To New Record Low 1.25% pa
The Reserve Bank has an announced a cut to official interest rates today, setting a new record low of 1.25%. This is the first move in the cash rate since August 2016, but one that [...]
Why is my home loan going up?
Traditionally mortgage lenders would adjust their interest rates in-sync with the Reserve Bank of Australia. They may not have always passed on a full rate cut, but it was uncommon for them to move without [...]
Upgrading Your Home – Renovate or Move?
Changing life circumstances mean that all homeowners are inevitably faced with a decision when upgrading their home – should I renovate, or move? Each option has its benefits and drawbacks which are discussed here. Renovate [...]
Should I Fix My Home Loan?
One of the most often asked questions of mortgage brokers is whether a client should fix their home loan. If you find someone who will unequivocally tell you ‘yes’ or ‘no,’ your immediate next question [...]
Tips For Buying Your First Home Sooner
Save Ok, I get that’s pretty obvious, but there’s more to saving for a deposit than just putting money away. It’s about setting realistic goals and sticking to a plan. It begins with having a [...]
RBA cuts interest rates to historic low of 1.50% pa
In its August meeting this afternoon the Reserve Bank of Australia has cut interest rates to a new historic low of 1.50% pa. Inflation, inflation, inflation…. or lack thereof appears to be the motive behind [...]
RBA cuts cash rate to new record low 1.75%
The Reserve Bank has announced the first interest rate cut in 12 months today, with the official cash rate reducing 25 basis points to 1.75% pa. This is the first movement in interest rates since [...]
Some Considerations When Refinancing Your Home Loan
Switch on the TV and you will notice that property markets and interest rates are usually front and centre of news bulletins and current affairs programs. Not surprising then that people spend a lot of [...]
RBA Leaves Rates On Hold
The Reserve Bank of Australia elected to keep interest rates on hold today which is the tenth consecutive month that rates have been kept at a historic low of 2%. The rate decision was widely [...]