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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Interest Rates Increase by 0.25% to 3.85%

May 2, 2023 Home Loans, Interest Rates, Investment Loans, News, variable interest rate by Administrator

On May 2nd, 2023, the Reserve Bank of Australia (RBA) announced that it had decided to increase the official cash rate by 0.25%, bringing it to 3.85%. This move comes after high inflation figures which have increased interest rates significantly upward on the last 9 months. However, over the last month we have seen a
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RBA holds cash rate at 3.60%

April 4, 2023 Home Loans, Interest Rates, Investment Loans, Mortgage Calculator, variable interest rate by Administrator

On Tuesday, the Reserve Bank of Australia (RBA) announced that it would leave the country’s official cash rate unchanged at 3.60%. This decision came as no surprise to the financial markets, as most analysts had predicted that the central bank would keep rates on hold for the time being. The RBA’s decision to maintain the
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Commercial Loans Interest Rate Increases

February 27, 2023 Commercial Loan Interest rates, Commercial Property Loans, Current Mortgage Specials, Interest Rates by Administrator

The recent interest rate rise announced by the Reserve Bank of Australia (RBA) will have a significant impact on commercial loans, particularly for small business owners. As a business owner, it’s important to understand how this change may affect your current loan and what your options are for refinancing. Here’s what you need to know:
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Home Loan Interest Rate Update January 2023

January 4, 2023 First Home Buyer, Fixed Rates, Home Loans, Interest Rates, Investment Loans, Low Doc Loans, Mortgage Broker, Refinance, variable interest rate by Administrator

December 2022 the Reserve Bank of Australia increased interest rates by 0.25%. They net meeting will be the first Tuesday in February 2023 where we will see which way they RBA will move interest rates. Below are a list of home loan interest rates that on offer at the moment. Please Note: that the interest
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Interest Rates Up 0.50% from 1.85% to 2.35%

September 6, 2022 Commercial Loan Interest rates, Commercial Property Loans, Current Mortgage Specials, Fixed Rates, Home Loans, Interest Rates, Low Doc Loans, Mortgage Calculator, variable interest rate by Administrator

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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Category: Interest Rates