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The RBA has announced a 25 basis point cut to the official cash rate. This was widely anticipated and brings official interest rates down to an all-time low of 0.75% - the first time in history that it has ever had a 0 in front. Now, all eyes will be on the banks to see if they come to the party an Read More

After making several interest rate cuts, the focus is now on first home buyers, with the RBA leaving the official rate on hold this month. The official cash rate sits at the record low of just 1.00%. While this is good news for many looking to buy property, saving for a deposit is still the biggest Read More

After two consecutive cuts to interest rates, the Reserve Bank of Australia has left the official cash rate on hold at the record low 1.00%. As we head into the spring season, there are signs that housing prices are starting to slowly rise, with buyers returning to the market. With that in mind, ma Read More

The old adage of ‘feast or famine’ seems to apply to interest rates, as the Reserve Bank of Australia has just announced another cut to the cash rate of 0.25%, bringing official cash rate to the new record low of 1.00%p.a. Read More

The first move has been made to interest rates in almost three years, with the board members of the Reserve Bank of Australia announcing a 0.25% cut to the official cash rate. It now stands at a record low 1.25%. Read More

It’s no secret that the home loan landscape is in a bit of turmoil, and it feels like every day there are new changes to policy, eligibility and lenders requirements.  It also seems that every lender’s borrower-appetite changes on a regular basis and their main focus is about keeping the industry b Read More

They say an interest rate cut is not a matter of ‘if’, only of when. Not today, as the Reserve Bank of Australia decided to keep interest rates on hold yet again. The official cash rate stands at 1.5%pa - still a record low. A rate cut is predicted for June, but we shall have to wait and see. Read More

There was rumour of a possible cut in mortgage interest rates this month, but in the end the RBA chose to keep the official cash rate on hold. It remains at the record low of 1.5%pa. Experts continue to predict a cut at some stage this year. Last month we explained Lenders Mortgage Insurance(LMI) ( Read More

As expected, the RBA Board has decided to keep official interest rates on hold at the record low of 1.5%. Commentators expect this will continue, with the possibility of another cut before the end of the year. If this happens, conditions will be even more favourable for people who are saving up for Read More