Tune in here for the latest information about credit, interest rates, and the property market. We do our own research to give you the most current and accurate news.
We charge a flat fee of $250 including GST to bid at auction, because to us auctions are effortless and a breeze, and not everyone can afford the exorbitant fees others may charge. I can read the auctioneer and size... Read more
» These financial analysts said that “The Commonwealth Bank is responding to the rising cost of fixed-rate funding.” Fair enough, but let’s look at the facts. » Since their peak on 15 June 2022 wholesale interest rates plunged by a... Read more
» Land Tax for Stamp Duty incentive The NSW government (budget 2022) is offering first home buyers the option to choose between paying land tax at an annual levy of $400 plus a 0.3% tax on the value of... Read more
Update on lender interest rates All lenders have increased their interest rates in line with the 0.75% RBA cash rate increase, but I expect some lenders to target specific areas of lending, e.g., low Loan to Value Ratios, or loan... Read more
CONCLUSION TO THIS RESEARCH NOTE » We are of the opinion that staying variable far outweighs fixing for a term of 2, 3 or 5 years. » The 24 March 2022 view remains unchanged – RBA to increase rates by... Read more
One is a hard-working layperson. The other is an equally hard-working person, a Medical Practitioner or Dental Practitioner, Optometrist, Veterinary Practitioner, Anaesthetist, Dermatologist, GP, Paediatric Practitioner, Obstetrician, Physician, Ophthalmologist, Psychiatrist, Radiation Oncologist, Radiologist, Surgeon, Solicitor, Barrister, QC, Judge, Partner in... Read more
TODAY’S HOME LOAN INTEREST RATES A competitive Owner-Occupied Home Loan variable interest rate today would be about 2.15% compared to 2.45% in May 2021; a 2-year fixed would be about 2.80% today compared to 1.85% in May 2021; a 3-year... Read more
Your pay is or will be docked to pay for your HECS/HELP fees. Your taxes will then be used to gift property investors with billions of dollars in annual negative gearing tax breaks. You are burdened with the unabated super... Read more
With the Reserve Bank abandoning its suppression of the 3-year bond yield at 0.10% at its November 2021 meeting, interest rates exploded higher. The 3-year interest rate swap rate now sits at about 1.35% and that is why home loan... Read more
And why not? But are you prepared? To better understand why a 3 year fixed rate today at just 1.99% may be the best value since the 1.99% 5 year fixed rate offered in February 2021, let us start with... Read more