Posts tagged as:

interest rates

Aussie drops Fixes Rates Below 7 Per Cent: Lowest in the Market

by Aussie Blog August 17, 2010

Australia’s leading mortgage broker and non-bank lender, Aussie Home Loans, today threw down the gauntlet to the major banks, dropping its three year fixed rate to below seven per cent – which is lower than the major banks’ average standard variable rates (SVR).
It is the first time since February 2009 that 3-year fixed rates have [...]

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The RBA’s move, into 2011 and fibro homes: This Week’s Picks

by Aussie Blog July 9, 2010

The RBA didn’t raise interest rates this month, we’re looking into the next financial year and we’ve got loads of tips for First Home Buyers – from building Fibro houses to getting a loan by Mum and Dad going Guarantor.
Reserve leaves rates on hold
The ABC analyses the RBA’s latest move to leave cash rates on [...]

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Up, up and – time to get away?

by Aussie Blog May 31, 2010

The RBA will be announcing whether or not they’re raising interest rates again on Tuesday 1st of June.
Auctions have been slowing and first home buyers are shy to invest due to rate rises. Investors, however, are having an easier time and have been purchasing property, but does that mean Australia is ready for another rate [...]

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Property prices are rising: will rates join them?

by Aussie Blog April 29, 2010

The RBA will be announcing whether or not they’re raising interest rates again on Tuesday. Only earlier this week, many pundits were ready for a hold on any rises this time around, but recent inflation data has thrown a spanner into the works.
Property prices are increasing, especially on the East Coast, but the Government has [...]

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Housing boom, housing shortage myths and what property Miley is buying: This Week’s Picks

by Aussie Blog April 16, 2010

Rumours have been flying around the place about Australia’s property market. Is there a housing bubble? Is there a housing shortage? Well, apparently not, according to this week’s reports.
Rural land values about to skyrocket
Results are in! QLD property valuations have come in with properties increasing in value by nearly 40%  (read more)
Find your place in [...]

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The cold, hard truth about interest rates

by Aussie Blog March 9, 2010

Interest rates are arguably the most important issue facing Australian homeowners.
However there is much confusion about who controls interest rates, what factors influence rates and how this affects mortgage repayments.

Does Wayne Swan control interest rates?
No Wayne Swan does not control interest rates. Nor does Tony Abbott.
So who does?
The cash interest rate is decided by the [...]

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As market normalises, first home buyers get prime positioning

by Aussie Blog February 25, 2010
Thumbnail image for As market normalises, first home buyers get prime positioning

First home buyers who missed the opportunity to enter the property market in 2009 are in the prime position to make their first purchase, particularly in the new home sector, as the first home buyer market returns to more “normal” conditions in 2010.
Aussie founder and executive chairman John Symond said the Reserve Bank’s recent decision [...]

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Surprise relief for homeowners, as Reserve Bank holds interest rates

by Aussie Blog February 19, 2010

The Reserve Bank of Australia has kept interest rates on hold at 3.75 percent this week, delivering surprise relief for cash-strapped homeowners.
The RBA had been widely expected to hike rates by 0.25 percent – which would have piled an extra $60 on to the monthly mortgage repayment bill for variable rate customers with a $400,000 [...]

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Mortgage traps to avoid

by Hannah Nicholas November 3, 2009

Taking out a mortgage will probably be one of the most significant financial decisions you make in your lifetime. So make sure you understand just what you’re getting into.
Fees
When it comes to home loans, fees can quickly add up. It pays to investigate just what upfront and ongoing charges you will be up for. Consider [...]

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