The latest RBA interest rate hike is delivering another blow to mortgage holders, with the Reserve Bank of Australia (RBA) lifting the official cash rate by 0.25 percentage points to 4.85%. Reaching its highest level in 18 years, the latest increase means homeowners...
The RBA cash rate has increased again, reaching 4.60% after the Reserve Bank raised rates by another 0.25 percentage points. It is the fourth rate increase this year, adding further pressure to households with variable-rate home loans. Following rate hikes in...
An interest rate rise could be back on the agenda sooner than many homeowners expected. After months of stability following several cash rate increases, major lenders are now revising their forecasts and warning that further rate hikes may occur before Christmas....
Australian homeowners have received welcome news, with the Reserve Bank of Australia (RBA) holding the cash rate steady. However, while the official cash rate remains unchanged, competitive home loan rates in Australia continue to improve as lenders battle for...
If you have a mortgage with an offset account, a recent offset account investigation by ASIC may have you wondering whether your account has actually been reducing your home loan interest. While offset accounts can be a powerful tool for saving money and paying off...
