Category: variable interest rate

Home Loan Interest Rate Update January 2023

  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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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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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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Interest Rates Remain at 0.10%

While Melbourne Cup Day often brings a surprise, the Reserve Bank’s decision on the official cash rate earlier today contained no surprises, with confirmation the rate will remain at 0.10%. In line with previous commentary, the RBA has confirmed the view that it won’t be rushing into a rate hike, making it abundantly clear it
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