Decembers meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We will have to wait until February 2018 until we receive another rate decision. While the economists keep changing their mind on the economic future of the country, one this is for certain is that banks are Read More
Today’s Melbourne Cup day meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We have noticed that most of the major banks have halted their increases of variable rate loans for interest only and investment loans for now. At Smart Search Finance we continually monitor lenders for Read More
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
It looks like interest rates are likely to remain stable for the remainder of 2017 as the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.50%. It seems the major banks and other lenders have ended their interest rate increases for interest only loans and property investment loans in a effort to reduce the Read More
Today’s June 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