Residential and Commercial Loan Interest Rate Update July 2023

Variable interest rates for July have remained stable for the month of July due to the Reserve Bank of Australia (RBA) kept interest rates on hold. However, we have seen an increase in fixed rate loans by 0.30% across the major lenders and second tier lenders. We will have to wait and see what will
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Commercial Property Loan Update for July 2023

July 24, 2023 Commercial Loan Interest rates by Administrator

As of July 2023, the Australian commercial property market continues to exhibit resilience and steady growth. Amidst the challenges faced by the global economy, the nation’s commercial real estate sector has managed to maintain its allure for investors, developers, and businesses alike. This article provides an overview of the current state of commercial property loans
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No Rate Change – Interest Rates Remain a 4.10%

July 4, 2023 Home Loans, Interest Rates, Refinance by Administrator

The Reserve Bank of Australia decided to keep interest rates on hold to today keeping them at 4.10% They are waiting on further economic data to see if the Australian economy has cooled after the last 11 rate rises or they may have to tighten again if the economic data shows inflationary pressures. If you
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Month: July 2023

Residential and Commercial Loan Interest Rate Update July 2023

Commercial Property Loan Update for July 2023

No Rate Change – Interest Rates Remain a 4.10%