RBA Cuts Cash Rate to Record Low Amid Coronavirus Concerns

Mar 3, 2020 | Finance, News and Updates

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50% as the coronavirus outbreak impacts global financial markets.

Downsizers Tipped to Be a ‘Powerful Force’ in 2020

Feb 20, 2020 | Property Market, Purchasing Property

Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents.

Downsizers tipped to be a ‘powerful force’ in 2020

Feb 20, 2020 | Property Market, Purchasing Property

Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents.

Are You Being Stung by The Loyalty Tax?

Feb 13, 2020 | Finance

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA).

Are you being stung by the loyalty tax?

Feb 13, 2020 | Finance

Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the RBA.

Smaller Lenders Taking Applications for Home Loan Deposit Scheme

Feb 12, 2020 | Finance

Non-major lenders have started offering another 5,000 slots for the First Home Loan Deposit Scheme, which allows first home buyers to purchase a property with a deposit of 5% without having to pay Lenders Mortgage Insurance (LMI).

Smaller lenders taking applications for home loan deposit scheme

Feb 12, 2020 | Finance

Non-major lenders have started offering another 5,000 slots for the First Home Loan Deposit Scheme, which allows first home buyers to purchase a property with a deposit of 5% without having to pay Lenders Mortgage Insurance.