Interest Rates

NAB Bucks The Trend

NAB Bucks The Trend

National Bank announced today that it will not change its Standard Variable home loan rate from 5.24% p.a.

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( Posted in: Lending & Finance )

Big Four To Implement Out-Of-Cycle Rate Hike

Big Four To Implement Out-Of-Cycle Rate Hike

Westpac Bank will increase variable interest rates for both residential owner occupied and investment loans, despite the RBA keeping the cash rate on hold for the past two years at 1.5%. 

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( Posted in: Lending & Finance )

Interest Rates Remain At Record Lows

Interest Rates Remain At Record Lows

The Reserve Bank of Australia has yet again left the official cash rate on hold at 1.5 per cent.

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( Posted in: Lending & Finance )

RBA Decision - No Change To Interest Rates

RBA Decision - No Change To Interest Rates

The RBA has kept the cash rate on hold for the 22nd consecutive board meeting at a historical low of 1.5 per cent.  At this point in time it is expected interest rates will remain on hold well into 2019.

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( Posted in: Lending & Finance )

Cash rate remains at 1.50% and lending polices are expected to further tighten

Cash rate remains at 1.50% and lending polices are expected to further tighten

The RBA has again left interest rates on hold at the historical low of 1.50%. There has been no changes to the cash rate since August 2016. However over the past few weeks out of cycle rate hikes by the major banks and second tier lenders have made front page headlines. These interest rate increases ranged from negligible increases to owner occupied loans to smacking investors and those whose loans feature interest only repayments with some significant increases. 

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( Posted in: Lending & Finance )

Cash Rate Remains Unchanged

Cash Rate Remains Unchanged

The RBA Board announced today that there would be no change to the cash rate, it remains at 1.50%.

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( Posted in: Lending & Finance )

Cash rate reduced to historical low of 1.5%

Cash rate reduced to historical low of 1.5%

Earlier this afternoon the RBA reduced the cash rate to a new all-time historical low of 1.50 per cent.

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( Posted in: Lending & Finance )

Interest Rates Remain Unchanged - March 2016

Interest Rates Remain Unchanged - March 2016

The RBA Board earlier today announced there would be no change to the cash rate which remains at 2.0 per cent.

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( Posted in: Lending & Finance )