August Interest Rates Stable at 1.50%

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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July Interest Rates Unchanged at 1.50%

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
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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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