Residential Loan Update May 2023

May 16, 2023 First Home Buyer, Fixed Rates, Home Loans, Interest Rates, Investment Loans by Administrator

Home loans and Property Investment Loans for May 2023 have seen and increase for variable rate loans after the Reserve Bank of Australia increased interest rates earlier this month. All lenders have increased their interest rates by 0.25%. These will take affect at various times of the month depending on each lenders policy. Most of
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Commercial Loan Update for May 2023

May 14, 2023 business loans, Commercial Loan Interest rates, Fixed Rates, Interest Rates, Investment Loans, variable interest rate by Administrator

Commercial loans for May 2023 have seen and increase for variable rate loans after the Reserve Bank of Australia increased interest rates earlier this month. Most lenders have increased their interest rates by 0.25%; however, a few lenders did not increase their interest rate for new business lending while their current customers did receive an
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Interest Rates Increase by 0.25% to 3.85%

May 2, 2023 Home Loans, Interest Rates, Investment Loans, News, variable interest rate by Administrator

On May 2nd, 2023, the Reserve Bank of Australia (RBA) announced that it had decided to increase the official cash rate by 0.25%, bringing it to 3.85%. This move comes after high inflation figures which have increased interest rates significantly upward on the last 9 months. However, over the last month we have seen a
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Month: May 2023

Residential Loan Update May 2023

Commercial Loan Update for May 2023

Interest Rates Increase by 0.25% to 3.85%