The Reserve Bank of Australia has decided to leave the official cash rate unchanged at 1% as it awaits fresh economic data to allow it to assess the impact of its June and July cuts.
In making this decision not to drop rates again the RBA will have considered some early evidence of an improving housing market following its previous cuts. ...
So... It finally happened. New fixed rates from 2.99%
We are now in a market place where we are able to obtain a 3 year fixed rate of 2.99% !
Yes, 2.99% (comparison rate of 3.53%) and this is effective as of the 28 June 2019.
There are some conditions like the fact that is needs to be new borrowings of $300,000 or more and ...
Melbourne's median unit price surged 2.8% in the last quarter, hitting $506,079, as per the Domain Group's State of the Market report for the December quarter. The ascent was incompletely determined by the developing interest for condos in the center to external ring suburbs.
Indeed, even in the CBD, a market numerous investigators ...
There is no halting the inescapable end of the housing boom in Australia, as house costs in two of the greatest markets began slanting downwards.
In an editorial on the Guardian, business master Greg Jericho said the inquiry now isn't how much lower costs can go in any case, how abruptly the boom will end.
Taking a gander at the ...
The long haul ascend in Australian house costs, which started in the mid 1960s, has been the most managed property advertise rise on the planet in late decades, as indicated by another examination from the Basel-headquartered Bank for International Settlements (BIS).
Analysts examined long haul slants in house costs crosswise over 47 ...
Rising home credit loan costs may push contract pressure assist into hoisted an area in mining locales and different parts of the nation with sickly work markets, contract protection monster Genworth Financial cautioned on Wednesday.
As indicated by Genworth, a higher extent of mortgage holders in Queensland and Western Australia have ...
For prospective buyers searching for a home in Australia’s once dynamic mining towns, it’s as if the nation’s mining boom never took place.
Median house prices in key mining centres in Queensland and Western Australia have fallen to below the average price of more than a decade ago. This has wiped out the capital gains of the iron ...