The Reserve Bank continued to hold the cash rate at 1.5 per cent at its May meeting as the Australian economy continues to grow and the inflation rate remains under control. The RBA observed over the last month that household borrowing, largely due to purchase housing, continues to outpace growth in income, necessitating tighter lending More…
The Reserve Bank has held the cash rate at 1.5 per cent in April in the midst of improved economic conditions in Australia and overseas. The bank has made the decision to hold its monetary policy as economic growth and the inflation rate are both within its target range. Commodity prices continue to grow and More…
Home loan rates may have reached the bottom of the current cycle where they are at historic lows.
The Reserve Bank has held the cash rate at 1.5 per cent in March in the midst of challenging economic and political events around the world. Major developments in the US, as well as the UK’s first steps towards Brexit, have caused volatility in world markets and the RBA is considering the effect these moves More…
Aussie has recently partnered with CoreLogic to create a report on the most affordable suburbs in Australia, and the results show there is great diversity in housing prices across our country.
Aussie has seen strong growth in the level of refinancing in the last 12 months and we expect that this will continue.
I keep seeing some really low interest rates advertised and wondered if it’s too soon to refinance? How often should I review my home loan?
I’d love to be my own boss and have thought about a career in mortgage broking before, but I don’t know much about it. What do you think are the important things to know?
Is there any advice you can give on how to get a loan if you are self-employed?
I’m 18 so probably at least five years off needing a home loan, but what should I be doing now to establish a good credit rating?