If you’re new to the home loan or finance world, you may be wondering ‘what is the Reserve bank?’ ‘How do they affect home loans?’ ‘What does a rate increase mean for me?’
Following Tuesday’s federal budget, delivered by Treasurer Jim Chalmers, there have been some criticisms that the lasting impacts of the budget may contribute to inflation and the rising cost of living.
The RBA Board has officially decided to increase the cash rate by 25 basis points to 3.85%.
Australian mortgage holders received the 8th and final interest rate increase of 2022.
If you're one of the many Australians who took out a fixed-interest rate mortgage in the last two years, you may be about to experience a bit of a shock when your fixed period ends, and your loan reverts to a variable interest rate. In the last seven months, variable...
According to recent data, both new housing starts and approvals are down significantly from where they were just a few years ago.
Another 0.25% rate rise
A summary of this year’s federal budget.
Refinancing a home loan in Australia is becoming increasingly popular.
