Cash rate expected to hold at 2% – Australian Interest Rate Predictions Experts have predicted the official cash rate will remain unchanged when the Reserve Bank of Australia meets today. Thirty-one economists and commentators surveyed by comparison website finder.com.au said they expected interest rates to remain at the record-low two per cent. Many of those surveyed said there was […]
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To fix or not to fix – that IS the question
Mortgage holders have never had it so good. The last rise in interest rates was in November 2010 – since then, rates have slowly dropped to what is today an historic low cash rate of 2.50%. The majority of economists expect 2014 to be a year ‘on hold’ with most predicting the only way is […]
Do I fix my home loan, Fixed Rate, fixed rate mortgage, home loan, home loans, Interest rates, mortgageRBA sits on the sidelines as Interest Rates remain on hold
The Reserve Bank of Australia has indicated that we are in a ‘period of stability’ by leaving interest rates on hold during their monthly meeting this afternoon. The current cash rate sits at an historic low of 2.50%. Indeed, the RBA has gone on record as stating that global economic conditions have ‘evolved broadly as […]
home loans, Interest rates, RBARBA keeps a firm grip on the wheel as interest rates remain on hold.
After a tumultuous 2013, with wild predictions from left and right (and a general election adding to the fervour), 2014 is beginning to look like a more settled year. The RBA, maintaining his mood of stability, has today decided to keep interest rates on hold at an already low 2.5%. In many respects, the Australia […]
Cash rate, home loan, home loan interest rates, Interest rates, mortgage, Mortgage Brokers, mortgages, Reserve BankAre home owners better off now than we were in the 1990s?
The answer may surprise you. According to the experts, 2014 will be a happy new year for Australian home owners. Even though our mortgages are bigger than they were in the 1990s, we’re still all better off. Higher income The latest data from Canstar shows the average wage for a male was about 2.5 times […]
Better off, Buderim, Happier, home loans, home mortgage, Home Owners, Interest rates, Kawana, Marcoola, Maroochydore, Mooloolaba, mortgage, mortgage broker, Nambour, Sippy Downs, Sunshine Coast