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Category Archives: Interest Rates
RBA rate cut leaves currency strong
With yesterday’s RBA interest rate cut, the second consecutive 25 basis point reduction, all eyes are on the major banks to see how they react and whether they pass on the full cut. Meanwhile the AUD has held up well … Continue reading
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Rate Discounting Gathering Pace
Recently I posted an article with comparison tables on cost of loans for both small <$250k and big >$1 million deals. http://www.peachhomeloans.com.au/mortgage-news/2011/09/mortgage-rate-discounting-very-common Rate discounting is hot – with lenders BDM’s crying foul over the antics of CBA and ANZ. However … Continue reading
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Rock Fixed Rates
Which way will the RBA go —- who cares when you have fixed rate home loans like this. Year Fixed 5.99% But of course it looks more and more certain that variable rates will fall – the questions are: how … Continue reading
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