Tag: property investment guide
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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…