Home loan borrowing capacity increased with new lending rules.

Posted by amanda in Getting a Loan ‐ 0 Comments

Australian’s looking to purchase a home or refinance existing loans will now have their home loan borrowing capacity increased due to changes from the Australian banking regulator, APRA.

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July 3, 2019

Cash rate cut again – which lenders will reduce interest rates in July

Posted by amanda in Property Market Updates ‐ 0 Comments

For the second month in a row the Reserve Bank of Australia have reduced the cash rate to a new record low of 1%. That’s a 0.25% drop from last month. Australia now has the sixth lowest interest rate worldwide.

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