Home loan borrowers sandwiched by rate rises and cost of living
The number of Australians falling behind on their home loans has reached its highest level since March 2021, according to CoreLogic.
Read MoreThe number of Australians falling behind on their home loans has reached its highest level since March 2021, according to CoreLogic.
Read MoreHome prices in Australia are forecast to continue rising over the next 12 months and lead to a ‘reshaping’ of how we see the Australian dream, Domain’s chief of research and economics, Dr Nicola Powell told Mozo.
Read MoreI recently did a cost vs. savings check, which hit harder than an opening State Of Origin tackle!
Read MoreNew research from Mozo for the 2024 Home Loan Report discovered that a startling percentage of mortgage holders think refinancing isn’t worth the effort when it could save them tens of thousands.
Read MoreThe Reserve Bank Australia has held the cash rate at 4.35%.
Read MoreOver the last two years, the home loan market has been rocked by a series of rate hikes thanks the Reserve Bank of Australia (RBA). The central bank has been chasing runaway inflation with tighter monetary policy.
Read MoreThe Reserve Bank of Australia (RBA) continues its cash rate freeze as it works to assess the petering-out of inflation across the nation.
Read MoreToday, the Reserve Bank of Australia (RBA) announced it will hold the cash rate in May 2024 at 4.35%.
Read MoreThe Albanese government has announced new measures to help Australians get better rates on their home loans and savings accounts.
Read MoreAround the world the cuts have begun. The European Central Bank (ECB) last week announced a 25 basis-point cut after the central bank’s June meeting, but the US Federal Reserve hasn’t followed suit, leaving its rate unchanged.
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