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Archives for July 2015

Is it time for a fixed rate loan yet?

We have talked before about fixed vs variable loans, and when a fixed rate loan can be beneficial.  We've also looked at the tools we use to help us determine when might be a good time to fix. Over the last few weeks, we’ve had lots of clients ask us, “What about now?  Is now a good time to fix?” So we thought it might be a good time to look at some current data. The Historical approach The following charts the RBA Cash Rate, Standard Variable Rate (SVR) and the 3yr Fixed Rate over … [Read more...]

RBA Decision – July 2015 Meeting

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Here’s part of the statement by Glenn Stevens, Governor: Monetary Policy Decision. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. This trend appears largely to reflect increased supply, including from Australia. Australia's terms of trade are falling nonetheless. The Federal Reserve is expected to start increasing its policy rate … [Read more...]

Canberra Property Market Data June 2015

RP Data Pty Ltd (Corelogic RP Data) have released some property market data for Canberra, covering the 12-month period to April 2015. Was your suburb a top performer for capital gains? Find out here. … [Read more...]

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