Tag: Home Loans

I get that “Mum and Dad homeowner” are an important segment and a huge proportion of society, but why don’t hear commentators discussing the impact on “Mum and Dad business owners”?

Interest rates in Australia remain unchanged by the Reserve Bank of Australia at 4.5 percent after earlier expectations that the RBA would increase official interest rates 25 basis points to 4.75 percent.

Australian interest rates are set to increase again by 25 basis points when the Reserve Bank of Australia board meets today, taking official interest rates to 4.75 percent.

The majority of Australians refinancing their home loans will see their interest rates drop upon doing so, a recent Mortgage Choice survey has found

The Reserve Bank of Australia’s decision to hold interest rates at 4.5 percent is welcomed by home owners still struggling after the sharp increases in interest rates earlier this year.

Aussie Home Loans has been rejected by ANZ Bank in its quest for the $2 billion needed to revitalise Aussie’s home loans business BusinessDaily reports.

Most home owners are choosing their home loan for reasons other than price due to a lack of experience in the market and often stumble into expensive ill considered options.

Following the Reserve Bank of Australia’s Board Meeting today, with a 25 basis point rise in official interest rates, National Australia Bank has confirmed a matching increase in rates on its home loans.

Blacktown’s suburbs have achieved a clean sweep of the top five most affordable suburbs to buy a house in Sydney, ‘only’ 40 kilometres from the Sydney CBD.