Posted on: 09/05/2022
Variable interest rates are the rate type that is typically affected by a cash rate hike. Put simply, if you’re on a variable rate home loan and your lender chooses to raise rates in line with the cash rate, then your interest rate and therefore your monthly mortgage repayments will increase.
Read MorePosted on: 03/05/2022
RBA Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision
Read MorePosted on: 03/05/2022
The way you save is more important than ever before. If you're borrowing above 80% of a purchase price, you may have to prove you have ‘genuinely’ saved 5% over a set period of time.
Read More