Archives for February 2018

We're so excited to share the news!  MMO has been recognised as one of the top brokerages in Australia, securing a place in The Adviser’s "Top 25 Brokerages" ranking 2018. The Top 25 Brokerages ranking was revealed in the February 2018 edition of The Adviser, an industry publication for Australian mortgage and finance brokers. MMO was named #17 in "The Top 25 Mortgage Brokerages" ranking. This is the SECOND time we've been recognised as one of the best teams in the country!! We were the … [Read more...]

There’s been a lot of media commentary lately around the movement of interest rates. Are they going up?  When are they likely to go up? How much will they go up by? Whilst it’s difficult to accurately predict exactly what rates are going to do, there are a few tools we use to help us determine the likelihood of certain rate scenarios playing out. We want to share them with you here. Cash Rate Futures Yield Curve To get an idea of what's happening with interest rates, we like to keep an … [Read more...]

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. Inflation is low, with both CPI and underlying inflation running a little below 2 per cent. Inflation is likely to remain low for some time, reflecting low growth in labour costs and strong competition in retailing. A gradual pick-up in inflation is, however, expected as the economy strengthens. The central forecast is for CPI inflation to be a … [Read more...]