In somewhat positive news for mortgage holders and Australians, annual inflation fell to 4.9% in the 12 months to October, a significant decrease from the year to September, where inflation was 5.6%. It’s a long way from the peak of inflation in December 2022, which reached 8.4%!
If you want to buy before you reach that 20% mark then you can absolutely and completely get a loan with a smaller deposit. Let us show you how!
Mark Bouris has said he’s “never seen anything like this” as people try to get home loans amid a crisis he believes Labor is stoking.
The RBA has delivered an increase of 0.25% to the official cash rate, leaving it at 4.35% for November.
The predicted cash rate hike to 4.35% next week would be a blow to mortgage holders and prospective home buyers.
Comparison rates were introduced by the Federal Government as a way to standardise and simplify how lenders presented home loan costs to consumers. Understanding this rate, will help you make better decisions.
Interested in property investment? it’s a good idea to be clear about what negative gearing is and whether it could work for you.
Whether you’re taking out a loan for personal or business reasons, understanding how different types of borrowers manage their loans is essential to getting ahead financially.
Interest rates remain on hold for the fourth consecutive month, as the Reserve Bank of Australia (RBA) left the official cash rate at 4.10% at the October board meeting.
