Tag: real estate investment books
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Australian Banks Cut Home Loan Rates After RBA’s Decision
Australia’s major banks swiftly reacted to the Reserve Bank of Australia’s decision to reduce interest rates, marking the first rate cut in four years. The “big four” banks – CBA, NAB, Westpac, and ANZ – promptly announced their rate adjustments following the RBA’s public announcement on Tuesday. HP 10BII+ Financial Calculator, Black | $83.86 NAB…
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Macquarie Bank’s Home Loan Surge Defies Industry Trends
Macquarie Bank has defied industry trends with a notable 19% surge in its home loan book, marking a significant growth in its market share within Australia’s home loan industry. The bank’s home loan portfolio expanded to $141.7 billion, representing 5.9% of the total Australian mortgage market over the past financial year ending in March 2025.…
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Australia’s 3.49% Home Loan Rate Revolutionizes Housing Market
Australia’s cheapest home loan rate of 3.49% is making waves in the housing market, offering potential savings of $24,000 over two years for borrowers. This unprecedented rate is a result of a collaboration between Burbank, a major building group, and YourLand Developments, aiming to address the nation’s housing crisis by incentivizing home construction in select…