Category Archives: Home Loans
RBA Keeps The Official Cash Rate on Hold
RESERVE BANK OF AUSTRALIA KEEPS THE OFFICIAL CASH RATE ON HOLD The Reserve Bank of Australia today decided to hold the official cash rate at three per cent – a decision that is expected to help create ongoing stability … Continue reading
Rate Cut To Help Market Activity
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that yesterday’s decision by the Reserve Bank of Australia to cut the official cash rate to three per cent will encourage prospective buyers to make property … Continue reading
A Christmas Gift From the Reserve Bank of Australia
The Reserve Bank of Australia today decided to cut the official cash rate to 3.0 per cent – a decision that is expected to encourage prospective buyers to make property purchases in the lead up to Christmas and during the … Continue reading
Signs of Market Recovery As Home Loan Approvals Lift For Second Consecutive Month
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that the increase in dwelling finance commitments over September 2012 could indicate further strengthening in the residential property market. According to recently released figures by … Continue reading
RBA holds interest rate on Melbourne Cup Day
This is the first time in 6 years that the RBA has not moved interest rates in Australia on Melbourne Cup Day. The Reserve Bank of Australia today decided to hold the official cash rate at 3.25 per cent– a … Continue reading
Positive Signs For The Australian Housing Market
Century 21, the largest real estate sales organisation in the Asia Pacific region, believes that a spike in housing approvals over August, falling interest rates and rising capital city dwelling values suggest a housing market recovery may be well underway. … Continue reading
First Home Buyers in Queensland benefit from buying off the plan or building
Queensland first home buyers and the construction industry will benefit from the Newman Government’s first State Budget, which more than doubles the grant for new first home buyers. Premier Campbell Newman said first home buyers would receive $15,000 – up … Continue reading
Australians pay off mortgages at record speed
The acting CEO of Westpac, Australia’s biggest bank, has claimed that today’s homeowners are paying off their mortgages at twice the average rate for the past 30 years. Speaking in Canberra at last week’s … Continue reading
Australians love to renovate
Australian spending on renovations hit $31 billion last year. The current economic climate has made Australians hesitant to take on additional debt. Rather than purchasing a new home, people are investing in renovation projects on their current properties. TV shows … Continue reading
RBA: the purported Housing Bubble, Australia’s economy and China
The Governor of the Reserve Bank of Australia, Glenn Stevens, recently delivered a speech at a charity luncheon in Sydney that provided some telling commentary for Australian property investors. A highly respected figure that is watched closely by markets due … Continue reading
