Category: Interest Rates
What’s the deal with interest rates?
| Leave a CommentInterest rates are at historic lows in Australia, and are likely to stay at very low levels for the foreseeable future. The Reserve Bank of Australia (RBA) cut official rates three times during the second half of 2019, reducing the cash rate from 1.50% to a record-low of just 0.75%. And the RBA might not […]
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The best loan and the cheapest loan are often two separate things
| Leave a CommentThere’s more to a home loan than just the price tag. That’s why borrowers should aim to find the most suitable loan rather than the loan with the lowest interest rate. That’s not to say the interest rate isn’t important – it is. But rate is just one of several things that borrowers should consider […]
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