Category: variable interest rate

Residential Loan Update June 2018

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
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No Surprise. Interest Rates On Hold April 2018

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
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Christmas Interest Rates Remain On Hold at 1.5%

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
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September 2017 Australian Interest Rates Remain Stable

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
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Home Loan Repayment Calculator Update

Smart Search Finance has upgraded its Home Loan Repayment Calculator. It is easier to use,  device and cross browser compatible for different device types The calculator calculates mortgage repayments for both home and investment loans. for both variable and fixed rate loans. It also calculates the comparison rate (the “real” interest rate paid over the
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August Interest Rates Stable at 1.50%

  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
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