June Commercial Loan Interest Rate Update

June Commercial Loan Interest Rate Update

… Over the last month we have seen commercial loan interest rates remain stable or fall by up to 30 basis points for some products. Full doc variable commercial property loans have decreased by 24 points while 2 and 3 year rates have also fallen by up to 30 points for one lender. Other interest
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RBA Leaves Interest Rates at 1.50%

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
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Commercial Loans – Calculators Updated

At Smart Search Finance at commercial loans website we have updated our commercial loan calculators. We have updated the following calculators on the website: Commercial Loan Calculator – Calculates commercial property loans and has many features that many other calculators do not have. Includes calculations for variable and fixed interest rates, fees, entry and exit fees,
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Rates Unchanged at 1.50%

  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
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Banks and Lenders Increasing Variable Interest Rates

Following the big banks, many other lenders will start to increase their variable rate loans. We will keep you up to date on these changes.   Bank of Melbourne Variable Home Loan rates Effective Monday 8 May 2017 Bank of Melbourne will beincreasing the below variable rates. Owner Occupier Principal & Interest Home Loan variable
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