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Stay up to date with the latest news and industry information.

Interest Rate News
September 5, 2018 /More

During August, Westpac raised home loan interest rates out-of-cycle and we expect other lenders to follow in the next few weeks. Auction clearance rates continued to weaken, and home...

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Interest Rate News
July 4, 2018 /More

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...

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Interest Rate News
May 1, 2018 /More

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...

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Interest Rate News
April 4, 2018 /More

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...

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Interest Rate News
March 6, 2018 /More

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...

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Interest Rate News
February 7, 2018 /More

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...

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Interest Rate News
December 5, 2017 /More

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...

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Interest Rate News
November 8, 2017 /More

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...

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Interest Rate News
October 4, 2017 /More

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,...

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Interest Rate News
September 5, 2017 /More

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?...

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Interest Rate News
August 1, 2017 /More

At its August meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. How will this news affect your situation?...

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Interest Rate News
July 4, 2017 /More

At its July meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. What this means for you? Even though...

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Interest Rate News
June 13, 2017 /More

At its June meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at an historic low of 1.5 per cent. With the cash...

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Interest Rate News
May 2, 2017 /More

At its May meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. What this means for you? Interest...

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Interest Rate Update
April 5, 2017 /More

At its April meeting, the Reserve Bank of Australia decided to keep the official cash rate on hold at 1.5 per cent. What this means for you? Last month...

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Interest Rate News
March 8, 2017 /More

At its March meeting, the Reserve Bank of Australia elected to keep the official cash rate on hold at 1.5 per cent. What this means for you? Borrowers should...

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Interest Rate News
February 7, 2017 /More

We hope you are enjoying the fantastic summer weather and are all ready for another exciting year as things start to heat up in the Australian property market! The...

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Interest Rate News
December 7, 2016 /More

Summer has arrived and at its final meeting for 2016 today, the Reserve Bank of Australia (RBA) has elected to keep the official cash rate on hold yet again....

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Interest Rate News
November 2, 2016 /More

At its annual Melbourne Cup Day board meeting today, the Reserve Bank of Australia (RBA) announced it would keep the official cash rate on hold at 1.50 per cent...

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Interest Rate News
October 4, 2016 /More

Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on...

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Interest Rate News
September 7, 2016 /More

Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5 per...

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Interest Rate News
August 2, 2016 /More

Today the Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50 per cent,...

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Interest Rate News
July 5, 2016 /More

With plenty of market volatility surrounding Britain's decision to exit the EU last month and the uncertainty surrounding our inconclusive Federal Election, the Reserve Bank of Australia (RBA) met...

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Interest Rate News
June 8, 2016 /More

With winter setting in and no sign of our property markets slowing, the Reserve Bank of Australia (RBA) met today for its June meeting and elected to keep the...

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Interest Rate News
May 3, 2016 /More

Great news for those in the market to buy property this autumn! The Reserve Bank of Australia met for its May meeting today and decided to cut the official...

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Interest Rate News
April 5, 2016 /More

With our busy autumn property market in full swing, The Reserve Bank of Australia met today for its April meeting and decided to keep the official cash rate on...

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Interest Rate Update
March 1, 2016 /More

Summer may be over but our property markets are starting to heat up! The Reserve Bank of Australia met today for its March meeting and decided to keep the...

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Interest Rate Update
February 2, 2016 /More

We hope that you enjoyed a marvellous holiday break! The Reserve Bank of Australia (RBA) is also back at work, deciding to keep the official cash rate on hold...

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Interest Rate Update
December 2, 2015 /More

Summer has arrived and at its final meeting for 2015 today, the Reserve Bank of Australia has again elected to keep the official cash rate on hold at 2.0...

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Interest Rate News
November 4, 2015 /More

As Melbourne takes the day off to celebrate the Spring Racing Carnival and Melbourne Cup Day, the rest of the country has been eagerly waiting to hear if the...

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Interest Rate News
October 7, 2015 /More

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...

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Hello world!
September 6, 2015 /More

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

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Interest Rate News
September 1, 2015 /More

 As we head into spring and Australian share markets experience some volatility following falls on the Chinese stock market last week, the Reserve Bank of Australia has decided to...

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Interest Rate News
August 4, 2015 /More

As APRA tightens the rules on property investment lending, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.0 per cent during...

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Interest Rate News
July 7, 2015 /More

At its first meeting for the new financial year, the Reserve Bank of Australia (RBA) has today elected to keep the official cash rate on hold at 2.0 per...

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Interest Rate News
May 6, 2015 /More

Interest rates at an all-time low! If you're thinking of investing, purchasing a new home or refinancing, now is a great time to get in touch. With the Federal...

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Interest Rate News
April 8, 2015 /More

We hope you enjoyed a fantastic Easter holiday! The Reserve Bank of Australia met today for its monthly board meeting and decided to keep the official cash rate on...

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Interest Rate News
March 3, 2015 /More

It's a great start to the autumn property season for home buyers and investors. Despite a great deal of speculation from market analysts regarding consecutive interest rate cuts, the...

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Interest Rate News
February 4, 2015 /More

The Reserve Bank of Australia met yesterday for its first meeting of 2015 and has decided to cut the official cash rate by 25 basis points to just 2.25 per...

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Interest Rate News
December 3, 2014 /More

The Reserve Bank of Australia met today for its final meeting of 2014 and decided to keep the official cash rate on hold at 2.5 per cent. With its...

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Interest Rate News
November 5, 2014 /More

With spring bringing us great auction weather and most of Victoria taking the day off for the spectacular Melbourne Cup Carnival, the Reserve Bank of Australia has decided to...

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October Newsletter
October 22, 2014 /More

This month, the news is all good for those in the market to purchase a property! At its October meeting, the Reserve Bank of Australia has once again decided...

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Interest Rate News
October 8, 2014 /More

With the property markets picking up during the busy spring selling season, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.5...

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Most Mortgage Brokers Don’t Charge You
September 24, 2014 /More

Most mortgage brokers don't charge a fee for their service as the lenders pay them a commission for the loans they write. Most lenders offer the same rate via...

Tip of the week
Interest Rate News
September 3, 2014 /More

Spring has arrived and at its first meeting for the new season, the Reserve Bank of Australia has announced that it will keep the official cash rate on hold...

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Loan To Value Ratio (LVR) – What The Lenders Look At
September 3, 2014 /More

When lenders talk about mortgage deposits they refer to loan to value ratio (LVR). LVR is the loan amount divided by the value of the property. Let's say you...

Tip of the week
Loan To Value Ratio (LVR) – What The Lenders Look At
September 3, 2014 /More

When lenders talk about mortgage deposits they refer to loan to value ratio (LVR). LVR is the loan amount divided by the value of the property. Let's say you...

Tip of the week
Make The Most Of Rate Falls
August 13, 2014 /More

If monthly repayments drop because interest rates have fallen, try to maintain the old repayment levels. This means you will pay off more of the principal with each repayment,...

Tip of the week
Why Should I Have A Regular Home Loan Health Check?
August 7, 2014 /More

Because things change: interest rates, products and you. Just because you've spent ages making sure you have the right mortgage, it doesn't mean it will always be right for...

Tip of the week
Have Your Income Paid Directly Into Your Home Loan
July 16, 2014 /More

Manage your day-to-day expenses on a credit card with an interest-free period. Provided you are careful to keep track of your expenses, this may be one of the best...

Tip of the week
Pros & Cons Of Interest Only Mortgages
June 25, 2014 /More

The advantage of an interest only home loan is that the monthly repayments are lower than for a normal "principal and interest" mortgage. The disadvantage is that you typically...

Tip of the week
Mortgage Refinancing Reasons: New Products
May 28, 2014 /More

In the past, there was limited innovation in the mortgage market. But now competition between lenders is fierce and new products are constantly emerging that might suit your situation...

Tip of the week
Home Equity Loan – Unlocking Home Equity
May 21, 2014 /More

With a home equity loan, the lender lets you borrow against the equity you have built up in your loan. Let's say you need money for your daughter's wedding....

Tip of the week
Capital Gain On An Investment Property Is Taxable
May 7, 2014 /More

There is another key way in which investment properties differ from residential homes. While the capital gain on your home isn't taxed, any appreciation in the value of an...

Tip of the week
Negative Gearing – Short-Term Loss For Long-Term Gain
April 30, 2014 /More

If you earn less from an investment property than it's costing you, you're said to be negatively geared. Why might you choose to make a loss? One reason is...

Tip of the week
Fixed or Variable
April 16, 2014 /More

Fixed rate home loans. With the fixed rate home loan, the interest rate on your mortgage doesn't change for an agreed period (usually 1-5 years) - no matter what...

Tip of the week
Pay More And Pay Often
April 9, 2014 /More

Assuming you have a mortgage that lets you pay extra, you should pay more and pay often. The interest charged on a $300,000 home loan at a rate of...

Tip of the week
The Only Mortgage Brokers To Deal With: MFAA Members
March 26, 2014 /More

A good mortgage broker can save you time and money, and give you peace of mind. But, remember, only work with mortgage brokers who are members of MFAA -...

Tip of the week
How Do I Pay Off My Mortgage Sooner?
March 12, 2014 /More

Pay more, more often.   Want to pay off your mortgage early? Then make bigger mortgage repayments, more frequently. You'll own your own home sooner and save a bundle on...

Tip of the week
What is a Home Equity Loan?
February 19, 2014 /More

A way to utilise the equity in your home.   Many Australians own homes that are now worth far more than they still owe on their mortgages. With a home...

Tip of the week
Mortgage Refinancing Reasons: New Products
February 12, 2014 /More

In the past, there was limited innovation in the mortgage market. But now competition between lenders is fierce and new products are constantly emerging that might suit your situation...

Tip of the week
Interest Rate News
February 5, 2014 /More

In its first meeting for 2014 following the Christmas and New Year break, the Reserve Bank of Australia has decided to keep the official cash rate on hold at...

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Which Home Loan Interest Rrate Option Is Best?
January 29, 2014 /More

Because it is absolutely predictable, the fixed rate home loan can give you greater confidence that you can meet your mortgage repayments regardless of changing economic conditions. The disadvantage...

Tip of the week
Mortgage Refinancing Reasons: Renovation
January 22, 2014 /More

If you carry out renovations, it often makes sense to refinance your mortgage and take out a construction loan so you only pay interest as building progresses. Once construction...

Tip of the week
What’s a Simple Way to Increase My Borrowing Capacity?
January 15, 2014 /More

Reduce your credit card limit. Most people know that reducing their debts can increase their borrowing limit. But did you know that lowering your credit card limit can increase...

Tip of the week
The market in your City – Now and in the New Year
December 18, 2013 /More

http://news.domain.com.au/domain/blogs/talking-property/the-market-in-your-city--now-and-next-year-20131210-2z39r.html?utm_source=newsletter&utm_medium=email&utm_campaign=article2-151013

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Add Up Those Home Loan Fees
October 30, 2013 /More

Once you have saved up the deposit for a home, don't forget to take into account all the extra fees that come with buying a house - some or...

Tip of the week
Pay Off More
October 23, 2013 /More

It might be smarter to take advantage of the lower interest rate to pay off more of your loan. Remember, lenders tend to load the interest on the earlier...

Tip of the week
Mortgage Brokers Can Help Find The Right Loan
October 9, 2013 /More

The best deal is not necessarily the cheapest rate. A good mortgage broker will examine your circumstances and future plans to recommend a loan that is right for you....

Tip of the week
Interest Rate News
October 2, 2013 /More

The Reserve Bank has left Australia's official interest rate unchanged at 2.5 per cent. The move is in line with analysts' expectations. In a statement, Reserve Bank Governor Glenn...

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Get Rid Of Car Loans and Credit Card Debt
September 25, 2013 /More

You're generally paying a higher interest rate on small loans (e.g. a car) and your credit cards so it makes sense to eliminate those debts first. So, put a...

Tip of the week
Protect Yourself Against Rising Interest Rates
September 18, 2013 /More

Sometimes it's not easy to predict when and how much interest rates are going to fluctuate, especially in a volatile market. But by splitting your loan - part variable,...

Tip of the week
Have Your Income Paid Directly Into Your Home Loan
September 11, 2013 /More

Manage your day-to-day expenses on a credit card with an interest-free period. Provided you are careful to keep track of your expenses, this may be one of the best...

Tip of the week
Mortgage Refinancing Reasons: New Products
September 4, 2013 /More

In the past, there was limited innovation in the mortgage market. But now competition between lenders is fierce and new products are constantly emerging that might suit your situation...

Tip of the week
How Much Should I Borrow?
August 21, 2013 /More

What you should take into account? The lender's main concern in determining how much you can borrow is "Can they repay the loan?". They may not take into account...

Tip of the week
Why Should I Have A Regular Home Loan Health Check?
August 14, 2013 /More

Because things change: interest rates, products and you. Just because you've spent ages making sure you have the right mortgage, it doesn't mean it will always be right for...

Tip of the week
Interest Rate News
August 7, 2013 /More

At its meeting yesterday, the Board decided to lower the cash rate  by 25 basis points to 2.5 per cent, effective 7 August 2013. In Australia, the economy has been growing a ...

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Mortgage Brokers Can Help You Avoid Pitfalls
July 31, 2013 /More

Many products seem to offer a great deal but they could have penalties, fees and charges you may not be aware of. Or, they may not offer the flexibility...

Tip of the week
Make The Most Of Rate Falls
July 24, 2013 /More

If monthly repayments drop because interest rates have fallen, try to maintain the old repayment levels. This means you will pay off more of the principal with each repayment,...

Tip of the week
Most Mortgage Brokers Don’t Charge You
July 3, 2013 /More

Most mortgage brokers don't charge a fee for their service as the lenders pay them a commission for the loans they write. Most lenders offer the same rate via...

Tip of the week
Add Up Those Home Loan Fees
June 26, 2013 /More

Once you have saved up the deposit for a home, don't forget to take into account all the extra fees that come with buying a house - some or...

Tip of the week
Lenders Don’t Like Risk
June 19, 2013 /More

In working out how much you can borrow, lenders determine the likelihood that you might default on the repayments. In performing this risk assessment, they look at a number...

Tip of the week
Split Rate Home Loans
June 12, 2013 /More

 A split rate mortgage combines elements of the fixed rate and variable rate options. e.g. You can have 80% of your home loan at a fixed rate, while the...

Tip of the week
Redraw Facility
June 5, 2013 /More

A mortgage with a redraw facility is specifically designed to allow you to make additional repayments, and still give you access to those extra payments if you need them....

Tip of the week
Refinancing To A Fixed Rate Mortgage
May 29, 2013 /More

The instinctive response for most people when they hear rates have gone up is to switch from a variable rate to a fixed rate mortgage. That's understandable. Unfortunately, lenders...

Tip of the week
Pay More And Pay Often
May 22, 2013 /More

Assuming you have a mortgage that lets you pay extra, you should pay more and pay often. The interest charged on a $300,000 home loan at a rate of...

Tip of the week
Loan To Value Ratio (LVR) – What The Lenders Look At
May 15, 2013 /More

When lenders talk about mortgage deposits they refer to loan to value ratio (LVR). LVR is the loan amount divided by the value of the property. Let's say you...

Tip of the week
Interest Rate News
May 7, 2013 /More

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013. Growth in Australia was close to...

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Mortgage Refinancing Reasons: More Flexibility
May 1, 2013 /More

Many people only discover the full details about their mortgage when it's too late. They try to do something and get told by their lender that either they can't...

Tip of the week
Act Now – You Pay Most Interest Up Front
April 24, 2013 /More

Most mortgages are structured so that you pay off most of the interest in the early years. If you are serious about wanting to reduce the interest you pay...

Tip of the week
What’s A Simple Way To Increase My Borrowing Capacity?
April 17, 2013 /More

Reduce your credit card limit. Most people know that reducing their debts can increase their borrowing limit. But did you know that lowering your credit card limit can increase...

Tip of the week
Mortgage Brokers Can Help Find The Right Loan
April 10, 2013 /More

The best deal is not necessarily the cheapest rate. A good mortgage broker will examine your circumstances and future plans to recommend a loan that is right for you....

Tip of the week
Interest Rate News
April 3, 2013 /More

At its meeting yesterday, the Board decided to leave the cash rate unchanged at 3.0 per cent. Growth was close to trend over 2012, led by very large increases in...

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Why Would I Use A Mortgage Broker?
March 21, 2013 /More

Mortgage brokers can save time The choices now available in the mortgage market can seem limitless and completely overwhelming. You can choose to research the subject, the lenders and...

Tip of the week
Reduce Your Credit Limit – Raise Your Borrowing Capacity
March 7, 2013 /More

In the eyes of a lender, the higher your credit card limit, the more chance you have to get into financial difficulty. So, if you want a simple way...

Tip of the week
Home Equity Loan – A Better Interest Rate
February 20, 2013 /More

If you need money, you could use a credit card or take out a personal loan. But you'll probably get a better interest rate with a home equity loan...

Tip of the week
Mortgage Refinancing Reasons: Home Equity
February 13, 2013 /More

Over recent years in the property market houses have appreciated at a significant rate. eg. a home you bought for $300,000 five years ago, might now be worth $500,000....

Tip of the week
Interest Rate News
February 6, 2013 /More

At the RBA meeting yesterday, the Board decided to leave the cash rate unchanged at 3.0 per cent. In Australia, most indicators available for this meeting suggest that growth was close...

News
Pay Off More
January 30, 2013 /More

It might be smarter to take advantage of the lower interest rate to pay off more of your loan. Remember, lenders tend to load the interest on the earlier...

Tip of the week
Mortgage Refinancing Reasons: Lower Rate
January 23, 2013 /More

The most common reason for people to refinance their mortgage is to get a better deal. But be careful you don't become interest rate- fixated. When you refinance your...

Tip of the week