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Tag: interest rates

Climber on rock wall
August 2, 2022August 3, 2022Affordability, Interest rates, Newsworthy

Interest rates to keep climbing as RBA hikes cash rate to 1.85%

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.85%. Here’s how to hang in there and keep up with all these monthly cash rate hikes.

July 5, 2022July 5, 2022Interest rates, Newsworthy

RBA lifts cash rate for the third month in a row to 1.35%

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive hike increase your monthly mortgage repayments?

Review your home loan Interest rate
July 4, 2022July 12, 2022Affordability, Family, Interest rates

Concerned about rising interest rates? We have options for you.

As the current and speculated interest rate rises hit the news, we […]

June 7, 2022June 7, 2022Newsworthy

RBA increases cash rate for second consecutive month, to 0.85%

The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan?

May 12, 2022May 24, 2022Affordability, Newsworthy

Ready for lift-off: how to prepare a buffer for more rate rises

Rate rises are a bit like taking off in a plane. Sure, it’s a bit nervy, but so long as you’ve run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a buffer!), and have a handy co-pilot (us!), you should reach your destination no worries.

May 3, 2022May 3, 2022Newsworthy

RBA increases cash rate to 0.35% amid high inflation concerns

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow.

September 30, 2021September 30, 2021Newsworthy

Is a home loan lending crackdown on the horizon?

The federal treasurer has given the strongest indication yet that a home loan crackdown is coming, stating that “carefully targeted and timely adjustments” may be necessary to avoid troubled waters. So what could a potential lending crackdown look like?

September 16, 2021September 21, 2021Affordability, Interest rates, Newsworthy, Refinancing

Are you too loyal for your own good? The banks think so

The average Australian homeowner is paying more than $37,000 in extra interest over the life of their home loan due to the loyalty tax, and it’s got three-quarters of borrowers feeling “ripped off” and “angry”.

July 8, 2021July 9, 2021Interest rates, Newsworthy

How much extra will your mortgage cost when interest rates rise?

After 18 straight RBA cash rate cuts it can be easy to dismiss the notion that interest rates might rise again. But if the cash rate returned to mid-2019 levels, how much extra would an average new mortgage holder expect to pay each month? Let’s take a look.

Review your home loan Interest rate
February 12, 2020Affordability, Interest rates

Why a regular home loan review will change your life.

When was the last time you reviewed your home loan? There are […]

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