Home Loan and Investment Loan Interest Rate Update

August 29, 2023 First Home Buyer, Home Loans, Interest Rates, Investment Loans, NAB by Administrator

There has not been much change in interest rates from the Australian mortgage market. We have seen ING Direct drop their variable and fixed rates by 0.15% for new lending but in contrast NAB have increased their interest rates by 0.15%. Below are some of the interest rates you may obtain from more than 40
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RBA August Meeting Keeps Interest Rates at 4.10%

August 1, 2023 Commercial Property Loans, Fixed Rates, Home Loans, Interest Rates, Investment Loans by Administrator

For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter. If
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Residential and Commercial Loan Interest Rate Update July 2023

July 26, 2023 business loans, Commercial Loan Interest rates, Commercial Property Loans, Fixed Rates, Home Loans, Interest Rates, Investment Loans by Administrator

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 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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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: Investment Loans