ING has increased its variable interest rates on residential loans for new and existing customers by 0.15% p.a. effective from 7 February 2019. Typically this type of move from a major bank will also invoke moves from the other 3 majors plus many smaller lenders. We will keep you updated of any changes. If you have any Read More
Septembers 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We have seen Westpac, St. George, RAMS, Bank of Melbourne, Suncorp, Adelaide Bank and Bendigo Bank announced out of cycle variable interest rate rises in the last couple of weeks. We expect other lenders to Read More
The month of June saw Reserve Bank of Australia (RBA) keep the cash rate on hold at 1.5%. We have noticed that the bank and other lenders have established their interest rate offerings with some banks offering variable rates as low as 3.59% and fixed rates as low as 3.58% However, banks and other lenders are continually Read More
April 2018 meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. Banks and other lenders are continually reviewing their variable and fixed interest rates for both home loans, investment loans and commercial finance. We will keep you updated on any changes that may occur in the next Read More
Decembers meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We will have to wait until February 2018 until we receive another rate decision. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are Read More
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