The RBA has opted to leave the official cash rate on hold at 1.5%. With the kick off of the new financial year, at its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. The RBA continued its wait and see approach taking into account the latest edition…
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Interest Rates on the Increase
Interest rates are on the rise Especially for investment property loans. As the major banks embark on another round of out of cycle rate increases now would be a great time to investigate what savings might be available through refinancing your investment properties. CBA have announced a 0.12% increase on investment loans and NAB over…
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Housing Affordability
Housing affordability improves in March quarter Housing affordability improved in the March 2016 quarter according to the latest REIA/Adelaide Bank Housing Affordability Report. The Report shows that in the March quarter, the proportion of income required to meet loan repayments decreased by 2.4% to 30.0%. “The first three months of the year brought good news…
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Choosing the right loan
Choosing the Home or Investment Loan that’s right for you David Harris, Portfolio Capital Pty Ltd 26th November 2015 In today’s financial markets, especially the residential mortgage sector, we are spoilt for choice. With literally hundreds of providers and thousands of loan products, how do we as consumers sift through the facts and make a…
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