Melbourne Cup Day – Interest Rates Remain Unchanged

November 7, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Home Loans, ING Direct, Interest Rates, Investment Loans, RAMS, St George, Suncorp, Westpac by Administrator

Today’s Melbourne Cup day meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We have noticed that most of the major banks have halted their increases of variable rate loans for interest only and investment loans for now. At Smart Search Finance we continually monitor lenders for
Read More

September 2017 Australian Interest Rates Remain Stable

September 5, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Fixed Rates, Home Loans, ING Direct, Interest Rates, St George, Suncorp, variable interest rate, Westpac by Administrator

Today’s October meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are forced to make lending for difficult for borrowers that seek interest only loans and property investment
Read More

August Interest Rates Stable at 1.50%

August 1, 2017 ANZ, Bank of Melbourne, BankWest, Commercial Loan Interest rates, Interest Rates, Investment Loans, Low Doc Loans, Mortgage Calculator, St George, Suncorp, variable interest rate, Westpac by Administrator

It looks like interest rates are likely to remain stable for the remainder of 2017 as the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.50%. It seems the major banks and other lenders have ended their interest rate increases for interest only loans and property investment loans in a effort to reduce the
Read More

July Interest Rates Unchanged at 1.50%

July 4, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Home Loans, Interest Rates, Investment Loans, NAB, RAMS, St George, Suncorp, Westpac by Administrator

Today’s June meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are forced to make lending for difficult for borrowers that seek interest only loans and property investment
Read More

RBA Leaves Interest Rates at 1.50%

May 2, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commonwealth Bank, ING Direct, Interest Rates, Investment Loans, NAB, St George, Suncorp, variable interest rate, Westpac by Administrator

Today’s 2nd May meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. It seems interest rates are likely to remain stable for a little while yet. We expect variable rates to increase for interest only loans and property investment loans through out the year as APRA
Read More

Rates Unchanged at 1.50%

April 4, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Home Loans, ING Direct, Interest Rates, Low Doc Loans, St George, Suncorp, Westpac by Administrator

Today’s April 4th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the remainder of the year. In the last months we have seen a number of lenders increasing some of their variable rate products. Although owners saw very
Read More

Category: Bank of Melbourne