When are Fixed Rate home loans a good idea? Watch this short video to find out. … [Read more...]
Archives for November 2017
RBA Interest Rate Decision: November 2017
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here's part of the Media Release issued by Phillip Lowe. Growth in housing debt has been outpacing the slow growth in household income for some time. To address the medium-term risks associated with high and rising household indebtedness, APRA has introduced a number of supervisory measures. Credit standards have been tightened in a way that has reduced the risk profile of borrowers. Housing market … [Read more...]