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INVESTMENT LOANS AND INTEREST ONLY LOANS

May 8, 2018

Investment interest rates from 3.89% variable (comparison rate 3.89%) Interest only home loans from 3.89% variable (comparison rate 4.27%) In 2016/17 financial services Regulators implemented Lending ‘speed humps’ so as to slow the volume of investment loans and interest only loans being written by lenders/brokers. The majority of lenders have now reduced their volumes of […]

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RBA to raise rates by 25 bps in August: NAB

January 19, 2018

The major bank believes that the Reserve Bank of Australia will raise the cash rate by 25 basis points in August and November. According to NAB’s December edition of the Forward View report, the RBA will not have much impetus to begin hiking the cash rate until it sees a pick-up in wages growth, which […]

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Things you need to know about Fixed Rate Mortgages

April 20, 2016

Fixed Mortgage Interest Rates give you the ability to lock in your interest rate for a set period of time. This may suit you if you want the assurance of knowing exactly what your repayments will be & therefore give you confidence to budget accurately & plan you finances. We caution against using Fixed Mortgage […]

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Interest rates remain on hold

June 30, 2015

Interest rates remain on hold 3/08/2011 The news will come as a relief to mortgage holders, as economists had warned that recent unexpectedly high inflation figures could have led the RBA to hike the cash rate. Fuelled by the mining boom, the consumer price index (CPI) rose by 0.9% during the June quarter, but commentators […]

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Fixed Rate Demand Set To Soar

June 25, 2015

Fixed rate demand set to soar Tuesday, 23 August 2011 Jessica Darnbrough Further interest rate stability could increase the demand for fixed rate products, one industry stakeholder has claimed. Speaking to The Adviser, Citibank’s Matt Wood said right now borrowers are hesitant to lock themselves into a fixed rate product when there is a slight […]

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