For borrowers looking to lock-in a low home loan rate, Macquarie Bank is shaking things up by dropping its fixed-term rates. This comes just weeks after the Reserve Bank lowered the official cash rate to 4.10% p.a. and just ahead of the next RBA rate decision.
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Following the RBA rate cut in February, borrowers and mortgage holders have been eagerly watching the market and considering their options.
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The Australian property market is showing signs of cooling as auction clearance rates continue their downward trend.
The re-election of Donald Trump as U.S. President has ignited discussions about his trade policies, particularly the threat and implementation of new tariffs. These measures, designed to protect domestic industries, could have significant ripple effects on global economies, including Australia's. In this article, we'll explore what tariffs are and how Trump's latest tariffs might influence Australia's economy and the housing market.
As home loan borrowers benefit from the Reserve Bank’s recent 0.25% rate cut, Aussie renters continue to do it tough.
The Reserve Bank of Australia (RBA) has finally cut the cash rate by 0.25% and with the majority of banks following suit, you’ll soon have some extra dollars to play with. But how much will you actually save? And should you spend it, save it, or use it to get ahead on your mortgage?
The Reserve Bank of Australia’s (RBA) decision to cut the cash rate by 0.25% at its February meeting may only represent a small saving for some borrowers, but Mozo’s research indicates it could also drive an uptick in home loan refinancing.
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With inflation showing signs of moderating, the Reserve Bank of Australia (RBA) has delivered its first rate cut down to 4.10% after holding the cash rate at 4.35% since November 2023.
Interest rate cuts are on everybody’s mind, but the property and home loan markets never stop. So how can both homebuyers and homeowners get a clearer picture of what’s happening right now?
The majority of Australian mortgage holders are waiting with bated breath for the first cash rate decision of 2025, with hopes hinged on a February cut.