Author: admin

146 Posts Here
146 Posts Here

Interest Rate News

June 4, 2019/Aqua Connect/0 Comments

Great news for homeowners and borrowers! At its June meeting today, the Reserve Bank of Australia (RBA) cut the official cash rate to just 1.25% – the lowest level in Australian history. Analysts widely predicted a rate cut would follow hard on the heels of the Federal Election and during…

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Great news for mortgage industry

May 22, 2019/Aqua Connect/0 Comments

APRA urges banks to ease mortgage criteria  

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Interest Rate News

May 7, 2019/Aqua Connect/0 Comments

At its May meeting today, the Reserve Bank of Australia (RBA) decided to keep the official cash rate at 1.5% – despite speculation from economic analysts that there may be at least one, or possibly two RBA rate cuts by the end of this year. However, it seems the RBA…

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Interest Rate News

April 2, 2019/Aqua Connect/0 Comments

At its April meeting, the Reserve Bank of Australia (RBA) decided to keep the official cash rate at 1.5% – taking a ‘wait and see attitude’ before the Federal Budget release at 7pm today. Any measures to support economic growth included in the Federal Budget are likely to influence the…

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Interest Rate News

February 5, 2019/Aqua Connect/0 Comments

The Reserve Bank of Australia (RBA) has met for the first time this year and decided to keep the official cash rate on hold. Flat economic data for the last quarter of 2018 will most likely motivate the RBA to leave them unchanged for some time. Meanwhile, several banks have…

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Interest Rate News

February 5, 2019/News/0 Comments

The Reserve Bank of Australia (RBA) has met for the first time this year and decided to keep the official cash rate on hold. Flat economic data for the last quarter of 2018 will most likely motivate the RBA to leave them unchanged for some time. Meanwhile, several banks have…

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Interest Rate News

December 5, 2018/News/0 Comments

As the holiday season rapidly approaches, the Reserve Bank of Australia (RBA) met today for its final meeting of 2018. As expected, they have elected to keep the official cash rate on hold at 1.5%, where it will remain until their next meeting in February 2019. This is the 27th…

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Increase Your Borrowing Capacity By Reducing Your Credit Card Limits

December 3, 2018/Aqua Connect/0 Comments

Increase your borrowing capacity by reducing your credit card limits. Lenders now typically assume that your credit card will cost a monthly 3.75 per cent of its limit, even if unused.  For example, if you have a $10,000 limit, that’s $375 of your repayment capacity for a home loan each…

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Current Bank Cash Back Offers

November 13, 2018/Aqua Connect/0 Comments

With the ever competitive home / investment loan market.  Please see below a summary of the current incentives Banks are offering to win over customers. NAB – $1,250 cashback offer (refinance & purchase) Bank of Melbourne – $2,000 cashback – refinance / $1,500 – purchase [exp 31st Dec] ANZ –…

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