Two of Australia’s biggest banks have slashed interest rates on a suite of home-loan products in what’s shaping up as the start of a lending war.
INTEREST RATES
Westpac believes the RBA is gearing itself for an interest-rate cut on the same day the Federal Government delivers its budget.
With fixed interest rates running at record lows, the renting generation is finally keen to shoulder that massive debt.
The Reserve Bank of Australia has held official interest rates at a record low 0.25 per cent.
A majority of the economists surveyed by Finder expected variable rates to rise before 2021 without any move by the Reserve Bank of Australia.
Low interest rates are here to stay according to the Reserve Bank of Australia’s governor Philip Lowe and economists.
Australia's official interest rate has been kept at an historic low of 0.25 per cent.
A new round of mortgage rate cuts is underway, with NAB trimming its rates last week to match cuts made by Westpac earlier this month.
If the Reserve Bank has nowhere left to go with interest rates, and printing money is only used in times of crisis, how can the RBA manage the economy in years …
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Access to finance is set to get easier, with a suite of reforms to be introduced by the federal government to help first homebuyers get into the property market and investors to bolster their portfolios.
Metricon Homes has continued its reign as Australia’s most prolific homebuilder, the fifth consecutive year it has built more houses than any other company.
Speculation is mounting around the prospects of further reductions in the official cash rate by the Reserve Bank of Australia, with some of Australia’s biggest banks slashing variable home loan rates.
The implications of COVID-19, and its exacerbation of the gap between rich and poor, are moving beyond the realm of immediate health and financial needs and shaping the future of our homes and communities.
Clearance rates have fallen and new project launches are getting scarce, but research from Urbis shows apartment markets across the country are holding relatively firm despite the challenges of the pandemic.
COVID-19 has created a sellers’ market in the City of Churches, and it is easy for buyers to pay too much or purchase something that is not ideal.
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