RBA official cash rate hikes up to .85%
the Reserve Bank of Australia (RBA) has increased the official cash rate, this time by a further 50 basis points to 0.85 percent, as it tries to curb inflation.
Home Loans for Doctors – Up to 95% LVR with No LMI
Doctors are fortunate they get these incentives that are unavailable to regular borrowers. How much can a medical practitioner save when buying a property?
How to prepare for rising interest rates?
With the rise in the cash rate, the big four banks passed the .25% rise to its borrowers. So what should you be doing today to help you ride through the future rate rises expected this 2022?
Are you ready for the rise in interest rate in 2022?
After 138 months, the Reserve Bank of Australia (RBA) has decided to increase the official cash rate by 25 basis points to 0.35 per cent in response to increasing inflation pressures. The latest inflation data showed Australia had recorded the highest quarterly and annual increase in more than two decades. The last time the RBA increased interest rates […]
How to avoid paying Lenders Mortgage Insurance?
Lenders mortgage insurance (LMI) is required when the value of a loan is more than 80% of a property’s purchase price, or property valuation if refinancing.
Getting a Better Rate
Getting a Better Rate Is one phone call really all it takes to secure a lower interest rate? With official interest rates trending downward, shrewd mortgage holders may take the opportunity to call their lender to ask for a better deal. But when even a small interest rate reduction means potential savings of thousands of […]