The RBA announced this afternoon they have decided to leave the official RBA cash rate unchanged. The variable interest rate has remained unchanged since August 2013 at 2.50% Economists are predicting rates will rise next year as early as March with subsequent rises there after. I never pay too much attention to economists as they very Read More
The RBA announced this afternoon they have decided to leave the official RBA cash rate unchanged. We expect that lenders will therefore leave their variable interest rates unchanged as well, but will be monitoring in case of any changes outside of the official rate. Even though variable interest rates are on hold for this month Read More
No sooner I wrote that Commonwealth Bank reduced their 5 year fixed rate loans to 4.99%, NAB and Westpac also reduced their rate down to 4.99%. All these loans are available under their packaged loans where there is an annual fee to be paid, up to $395 depending on the lender. ANZ and other lenders Read More
The Reserve Bank of Australia announced yesterday at 20pm that they will leave the official cash rate unchanged. We expect that the major lenders (ANZ, NAB, Commonwealth Bank, Westpac) will therefore leave their variable interest rates unchanged as well, but will be monitoring in case of any changes outside of the official rate. Fixed rates Read More
ANZ makes announcements on their home loans on the second Friday of every month. After their March review their home loans and investment loans will remain unchanged. Their standard variable rate will remain at 5.88%. If you would like to get greater discounts on ANZ home loans or compare their loans with other lenders click Read More
The RBA announced this afternoon they have decided to leave the official RBA cash rate unchanged. It looks like that rates will remain stable for some time yet according to many economists. We expect that lenders will therefore leave their variable interest rates unchanged as well, but will be monitoring in case of any changes Read More
