Commercial Loan Update – October 2022

October 19, 2022 Commercial Loan Interest rates, Commercial Property Loans, Mortgage Calculator, Mortgage Calculators by Administrator

Below are the updated interest rates for commercial property loans in Australia. 4th October 2022 Reserve Bank of Australia Increases Cash Rate by 0.50%18th October 2022 – Interest Rates Updated From Banks, Super Funds and Private Lenders Loan Type Interest Rate Lending Amount Security Type Banks and Superfunds Variable Interest Rates
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Interest Rates Up 0.25% from 2.35% to 2.60%

October 19, 2022 Home Loans, Investment Loans, variable interest rate by Administrator

The Reserve Bank of Australia’s October meeting has increased interest rates by 0.25% to 2.60%. Inflation is still running high but economists believe we will near the end of the hiking cycle by Christmas where interest rates are likely to increase between 0.25% to 0.75%. All the major banks and many other lenders were quick
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Month: October 2022

Commercial Loan Update – October 2022

Interest Rates Up 0.25% from 2.35% to 2.60%