ANZ Interest Rate Update – August 2018
ANZ INTEREST RATE CHANGES Effective Thursday 2 August, ANZ is making changes to the ANZ Simplicity PLUS Special Offer and some ANZ Fixed rates: ANZ SIMPLICITY PLUS SPECIAL OFFER SIMPLICITY PLUS Home Loans for owner occupiers paying principal and interest borrowing less than or equal to 80% of the property…
Interest Rate News
As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5 per cent at their July meeting today. This month, it’s all good news for home-owners and those in the market for a new loan! Next month (August) will bring us to…
Interest Rate News
At its May meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. Today’s decision makes it 21 months in a row where the RBA has decided to leave the cash rate on hold. It is also the longest period…
Interest Rate News
At its April meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. While the RBA decided to leave the official cash rate on hold for the 18th consecutive month, quite a few lenders raised their home loan interest rates…
Interest Rate News
At its March meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. This is now the 17th consecutive month the RBA have opted to leave the cash rate steady. We can expect this trend to continue, with most analysts…
Interest Rate News
At its first meeting for 2018, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 percent. What does this mean for interest rates? With the latest Australian Bureau of Statistics’ consumer price inflation report (CPI) coming in below expectations last week, few analysts…
Interest Rate News
At its final meeting for 2017, the Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at 1.5 per cent. The RBA next meets in February 2018. The good interest rate news for property owners and buyers looks set to continue into 2018. In its Statement…
Interest Rate News
At its November meeting today, the Reserve Bank of Australia has kept the official cash rate unchanged at 1.5 per cent for the 15th consecutive month! What else is happening in our markets? Future rate movements: Some analysts are speculating we will see our next rate cut in 2018, following…
Interest Rate News
At its October meeting, the Reserve Bank of Australia has again opted to keep the official cash rate unchanged at 1.5 per cent. Economists widely anticipated the RBA’s decision, with many predicting no further RBA rate changes until next year. What else is happening in the loan market? Interest only…
Interest Rate News
At its September meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. How will this affect you this Spring? Despite the RBA keeping the cash rate unchanged, lenders continued to cut rates on principal and interest loans for owner occupiers…
