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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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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Interest Rates Up Again by 0.25% to 4.10%

June 6, 2023 Interest Rates, variable interest rate by Administrator

Following a surprise increase last month, the Reserve Bank of Australia (RBA) today again decided to increase the official cash rate by 0.25%. This means that variable interest rates for home, investment and commercial finance will increase by 0.25%. The decision to lift the official cash rate to 4.10% was promoted by the April
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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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Category: Interest Rates