The Reserve Bank says Merry Christmas, and deliver another rate rise
‘Tis the season to be making higher repayments In its last official cash rate decision until February 2010, the Reserve Bank of Australia has increased the rate by 0.25 percentage points for a third consecutive month, to 3.

Investors To Benefit From Higher Immigration
Housing supply shortfall set to impact on investment propertyThe federal government estimates that there are currently 85,000 properties short of demand in Australia.Based upon a medium supply and demand by the year 20

Home comfort despite rate rises
Many mortgage holders are well prepared Three out of five Generation Y mortgage holders are capable of repaying their mortgage at an interest rate of at least 9%, according to a new survey*.64% of existing borrowers aged 18 to 29 years said they could af

Savvy buyers shop around for a better loan deal
Thought about refinancing ahead of further rate rises? Rising interest rates will impact minimum repayments for variable rate home loan borrowers and could make budgeting a challenge, which is why moving to another loan may save money, time and stress.

Saddle up for the rate rise ride
Second cash rate rise for the year setting the festive season scene In a move expected by most Australians, the Reserve Bank of Australia (RBA) has increased the cash rate by 0.25 percentage points for a second consecutive month, to 3.5%. This follows positive results from economic growth indicators, signalling a need to reduce the monetary stimulus provided over the past year by historically low interest rates. The last time the country’s official interest rate was higher than 3.25% was in December 2008, when it had dropped quickly to 4.25%. Once passed on by lenders, the November 2009 increase will affect the