Tag: property investment guide
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Australian Lenders Cut Rates Post RBA Decision, Impact on Borrowers
Recent adjustments in home loan rates by several Australian lenders have sparked market changes following the Reserve Bank’s decision to cut the official cash rate by 25 basis points, bringing it down to 4.1%. HP 10BII+ Financial Calculator, Black | $83.86 Within the last week, four lenders have decreased 24 variable rates for owner-occupiers and…
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ANZ Leads Rate Cuts in Competitive Australian Mortgage Market
Amidst the competitive landscape of Australia’s housing market, one of the country’s major banks, ANZ, has made a bold move by slashing interest rates for new customers. This rate cut comes on the heels of similar actions by other big players in the industry, signaling a fierce battle for market share. TI Financial Calculator Texas…
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Homeowners Urged to Review Loans Amid Tax Season Surge
As the financial year comes to a close, many individuals turn their attention to their financial standing, particularly those with property investments gearing up for tax assessments. Given that a home loan is often a significant financial commitment, this juncture presents an opportune moment to evaluate the adequacy of your existing loan in meeting your…
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RBA Cuts Cash Rate, Offering Relief to Homeowners in 2025
Interest rates are a crucial aspect of the economy, impacting various financial products like home loans. The Reserve Bank of Australia (RBA) plays a significant role in setting the cash rate, affecting borrowing costs for consumers. The recent cut in the cash rate to 3.85% following the May 2025 monetary policy meeting has brought some…
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Australian Lenders Slash Rates, Fueling Home Loan Market Competition
Australia’s home loan market witnessed a significant wave of rate cuts recently, with 31 lenders reducing 306 owner-occupier and investor variable rates by an average of 0.27%, according to the latest Weekly Rate Wrap-up by Canstar. Additionally, 11 lenders made cuts to 279 fixed rates, with an even more substantial average reduction of 0.85%. The…