Mortgage rates to investors are up as much as 50 basis points over the same time frame but the RBA has held the cash rate at 1.5% for a record 27th month.
Flex commissions on car loans will be banned in Australia from next month but is this change enough to protect consumers? No.
Despite the housing downturn gathering some pace in September, we don’t expect the RBA to throw a lifeline to the housing market in the form of lower interest rates.
A package home loan combines your mortgage with additional products such as fee-free credit cards or discount insurance, but these perks come at a price.
There are some great deals on fixed-rate mortgages on the market as home loan competition heats up, but here’s what to consider before you make the switch.
The RBA has kept rates on hold, with financial markets betting the cash rate won’t move until at least January 2020.
Retirees who plan to draw on the equity in their home for a reverse mortgage need to run the numbers first, warns Effie Zahos.
The RBA’s decision to keep the cash rate on hold marks the two year anniversary of the last change; the longest period of interest rate stability on record.