Archives for March 2017

We’ve been getting lots of questions lately about the state of the property market – particularly with regards to interest rate expectations, level of buying activity and housing affordability. Here we answer the questions many of you have been asking us, as supported by property market data recently published. So, what’s going to happen with interest rates? The RBA reports that inflation is low and it’s expected it to remain low for some time. Forecasts suggest the RBA cash rate … [Read more...]

Many of our clients come to us saying one of two things: “I want to buy a house and I need a loan to buy it."  Or... "I'm paying too much. I want a better loan so I don’t pay more interest than I have to.” Sounds like a simple enough request, hey?! I mean it should be pretty easy to find a loan to do the trick. It's not like you need to consider multiple lenders, compare fees and charges, analyse long term benefits of one home loan over another, check changes to lending policies, … [Read more...]

At the RBA Meeting held today 7 March 2017, the Board decided to leave the cash rate unchanged at 1.50 per cent.  Here's part of the statement issued by Phillip Lowe, Governor: Monetary Policy Decision. The outlook continues to be supported by the low level of interest rates. Financial institutions remain in a good position to lend. The depreciation of the exchange rate since 2013 has also assisted the economy in its transition following the mining investment boom. An appreciating exchange … [Read more...]