RBA Increases Interest Rates from 4.10% to 4.35%

The Reserve Bank of Australia (RBA) decided to increase the cash interest rate by 0.25% in its November 2023 meeting. This will increase the cash rate from 4.10% to 4.35% which will result in a hir mortgage holders paying more for their home, investment, business and commercial loans. The decision in November followed
Read More

Commercial Property Loan and Business Loan Update 26th October

October 25, 2023 Home Loans by Administrator

Commercial property loan interest rates have not made many changes for the month of October 2023. We have seen increasing interest rates for fixed rates for 1-to-3-year periods. There may be a change to variable rates as the RBA has hinted that there may be an increase in interest rates just before Christmas to curb
Read More

Home Loan and Investment Loan Interest Rate Update October 26th

October 25, 2023 Fixed Rates, Home Loans, Interest Rates, Investment Loans, Low Doc Loans, Refinance, variable interest rate by Administrator

Interest rates have remained stable for the last few months but there are still inflationary pressures still exerted on the Australian market. It seems that the RBA will have no choice but to increase interest rates before the end of the year. Please visit our website for more information regarding. Home Loans Investment Property Loans
Read More

No Change 4.10% RBA October Meeting

October 3, 2023 Home Loans, Interest Rates, variable interest rate by Administrator

For the third consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% has been a tenative one since inflation numbers have risen in the last month which triggered fears of a new rate rise. It seems
Read More

Home Loan and Investment Loan Interest Rate Update

August 29, 2023 First Home Buyer, Home Loans, Interest Rates, Investment Loans, NAB by Administrator

There has not been much change in interest rates from the Australian mortgage market. We have seen ING Direct drop their variable and fixed rates by 0.15% for new lending but in contrast NAB have increased their interest rates by 0.15%. Below are some of the interest rates you may obtain from more than 40
Read More

RBA August Meeting Keeps Interest Rates at 4.10%

August 1, 2023 Commercial Property Loans, Fixed Rates, Home Loans, Interest Rates, Investment Loans by Administrator

For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter. If
Read More

Category: Home Loans