As we step into 2024, it’s time to take control, welcome financial stability, and set a path for a future free from the stress of mortgage worries. Let’s take a look at five fundamentals that will enable you to better manage your home loan this year.
CoreLogic has released its “Best of the Best” report for 2023 identifying the top-performing suburbs and regions for house prices and returns, whilst giving insight on how Australia’s property market will shape up in 2024.
The RBA board has decided to hold the official cash rate at 4.35% in the final board meeting of 2023.
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!
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.
The cash rate is on hold for the third consecutive month as the Reserve Bank of Australia (RBA) Board held its monthly meeting in which it sets the official interest rate. The Cash Rate remains at 4.10%.
