Category: Commercial Loan Interest rates

February Interest Rates Up 0.25%

The Reserve Bank of Australia (RBA) today decided to increase the official cash rate for the ninth consecutive time, this time by 0.25% to 3.35%.Following a higher than expected inflation rate of 7.8% in December, the RBA continues to attempt to rein in inflation with this latest increase.Unfortunately, it seems like interest rates will continue
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Commercial Loan Interest Rate Update January 2023

Below are the updated interest rates for commercial property loans in Australia for January 2023. Interest rates are likely to change and they are also determined by the the type of lending required, lending amount, property type, location an value and many other factors. Please contact us for an accurate quote. COMMERCIAL LOAN INTEREST RATES
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Commercial Loan Update – October 2022

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 0.50% from 1.85% to 2.35%

The Reserve Bank of Australia  has increased interest rates by 0.50% again for the second month in a row bring the cash rate to 2.35%. The RBA cited a number of events that are contributing to inflation and these include COVID-19, global supply chain issues, the Ukraine / Russia war and the floods are also
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