Tag: mortgage repayment planner
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Experts Forecast Decline: Relief Ahead for Australian Homeowners in 2025
Interest rates play a crucial role in the financial lives of Australian home loan holders, significantly impacting mortgage repayments. Currently, interest rates in Australia are at their highest levels in over a decade, causing financial strain for many homeowners. Research indicates that a significant portion of home loan holders are facing mortgage stress due to…
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HIA Report Reveals Stamp Duty Impact on Australian Homebuyers
The Housing Industry Association (HIA) has raised concerns over the significant financial impact of stamp duty charges on Australian homebuyers and its adverse effects on housing construction investments. The HIA’s Stamp Duty Watch report highlights how borrowers in New South Wales, Victoria, and South Australia can face over $40,000 in additional repayments when financing stamp…
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RBA Cuts Interest Rates, Aiding Mortgage Holders Nationwide
The Reserve Bank of Australia (RBA) recently announced a 0.25 percentage point cut in interest rates, bringing the cash rate down to 3.85 per cent. This move, widely expected by financial markets and major banks, is set to provide relief for mortgage holders across the country. The Ultimate Guide for Home Buyers in Australia 2025…