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Tag: Property

What the RBA’s Melbourne Cup Day decision means for you

Coinciding every year with Australia celebrating the Spring Racing Carnival and Melbourne Cup Day, the Reserve Bank of Australia holds it November meeting. Whilst many market analysts were anticipating a rate cut at yesterday’s meeting, the RBA has elected to keep the cash rate on hold at 2.0 per cent for another month. This is

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The Reserve Bank of Australia decided to keep the official cash rate on hold at 2% during its October meeting yesterday.

During the busiest time of year for property markets around the country, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.0 per cent during its October meeting yesterday. Analysts were expecting the RBA to keep rates on hold at today’s meeting. Factors influencing the RBA’s decision to

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Mortgage tips | Pre-approval vs Subject to finance

What is pre-approval and what is subject to finance? Many first home buyers believe you don’t need pre-approval if you intend to use a subject to finance clause in the sales contract when you find a property to buy. But that’s not the case! In this article we explain why it’s a wise move to

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Tips for paying off your mortgage faster

Did you know that the faster you pay off your home loan, the less money you will have to pay in interest? By putting some proactive strategies in place to get your home loan paid down sooner, you could really save yourself some money! If you’re keen to make some serious headway on your mortgage

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Interest rates at an all-time low!

With the Federal Budget due to be handed down in exactly one week, the Reserve Bank of Australia today decided to reduce the official cash rate by 25 basis points to just 2.0 per cent. This is great news if you’re in the market to purchase a property as it brings interest rates down to

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An update on the busy autumn property market!

Right after the Easter break, the Reserve Bank of Australia held its monthly meeting and decided to keep the cash rate on hold at 2.25 per cent. Many market analysts were anticipating another rate cut at the April meeting, but as this did not eventuate, there is speculation that there will be another fall in

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Tips on financing a house and land package

Practical tips on financing a house and land package Buying a brand new home is very appealing to many home buyers. It’s a great way to get exactly the home you want. It can also mean that there are no unexpected surprises when it comes to the cost of home maintenance and this can make

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