Today’s October meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are forced to make lending for difficult for borrowers that seek interest only loans and property investment Read More
Today’s 2nd May meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. It seems interest rates are likely to remain stable for a little while yet. We expect variable rates to increase for interest only loans and property investment loans through out the year as APRA Read More
Today’s April 4th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the remainder of the year. In the last months we have seen a number of lenders increasing some of their variable rate products. Although owners saw very Read More
……….. Today’s March 7th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the remainder of the year. In the last months we have seen a number of lenders increasing some of their variable rate products. We have seen increases in Read More
……….. Today’s February 6th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the next few months. Banks and other lenders are continually reviewing their variable and fixed interest rates and we will keep you updated on any changes Read More
ING Direct have announced that they will be increasing their variable interest rates on all residential home loan products for new and existing customers by 0.15% p.a. These changes will be effective from 12th December 2016. ING Direct have also increased their commercial loan interest rates for existing customers by 0.20%. For new business, their Read More