Interest rate Tag

19 Sep How to Maximise Falling Mortgage Rates

Home loan interest rates keep getting lower! How do you take advantage of this? [caption id="attachment_3112" align="aligncenter" width="300"] How to maximise falling mortgage rates [/caption] The Reserve Bank of Australia (RBA) had a back-to-back interest rate cut this year, setting the cash rate at a record low...

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18 Jul How will APRA’s changes improve your home loan capacity?

Looking to buy a home? It will now be easier to take out bigger mortgages because of APRA’s decision to decrease serviceability thresholds. [caption id="attachment_3017" align="aligncenter" width="300"] How will APRA's changes improve your home loan capacity?[/caption] Banks has reduced how much they "stress test" to see whether...

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06 Jun RBA Cuts Rate: Has your bank passed the interest rate cut on?

Great news for homeowners and borrowers! For the first time since August 2016, the Reserve Bank of Australia (RBA) cut the official cash rate to just 1.25% - the lowest level in Australian history. [caption id="attachment_2946" align="aligncenter" width="300"] Has your bank passed the RBA interest rate...

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19 Apr What You Need to Know About Your Home Loan (Very Easy to Read Infographic)

Everything you need to know about your home loan. News and updates you see online about your home loan can be a bit overwhelming. Talk about information overload! To avoid giving you that, we've created a very, easy to read infographic that contains ALL of the significant and...

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05 Apr How does the cash rate affect your home loan?

The home loan rate you get is influenced by the Reserve Bank of Australia (RBA). [caption id="attachment_2282" align="aligncenter" width="300"] How does the cash rate affect your home loan?[/caption] RBA recently has kept its official interest rates on hold which is still at 1.5%. It is the 18th...

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26 Oct Why You Should Refinance

Applying for a new loan to replace your existing loan is called refinancing. Consumers are often advised to consider refinancing in order to obtain a better interest rate and payment term. Instead of throwing out the original mortgage and creating a new one, the current...

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17 Aug Why You Should Use a Finance Broker

You may find the mortgage application process tedious and overwhelming, hence, a decision to get a finance broker to do the legwork for you can be a smart move. [caption id="attachment_1935" align="aligncenter" width="1080"] Why you should use a finance broker[/caption] Historical low interest rates and more loan...

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