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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Residential and Commercial Loan Interest Rate Update June 2023

June 28, 2023 Home Loans by Administrator

Many lenders have now increased their home, investment and commercial loan interest rates after the RBA made their decision to increase interest rates earlier in the month. Interestingly, we have seen fixed rate increases across the 1-to-5 year interest rates. Seven and 10 year rates have remained stable. HOME LOANS For more information on residential
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Home and Investment Loan Update for June

June 15, 2023 Fixed Rates, Home Loans, Interest Rates, Low Doc Loans, variable interest rate by Administrator

Home loans and Property Investment Loans for June 2023 have seen and increase for variable rate loans after the Reserve Bank of Australia increased interest rates on June 6th 2023. 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 the
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Commercial Loan Update For June 2023

June 15, 2023 Commercial Loan Interest rates, Commercial Property Loans, Fixed Rates, Interest Rates, Investment Loans, Mortgage Calculator, Refinance by Administrator

Commercial loans for June 2023 have seen and increase for variable rate loans after the Reserve Bank of Australia increased interest rates on 6th June 2023. Most lenders have increased their interest rates by 0.25% for both new and existing customers Fixed interest rates have also increased in the last month across the shorter term
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Author: Administrator