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Posted in RBA

Is now a good time to refinance?

Posted by Mark Attard on 21 August 2024
Is now a good time to refinance?
Inflation seems to be headed in the right direction, but Reserve Bank of Australia Governor Michele Bullock says a near-term cash rate cut isn’t on the cards.So, where does that leave homeowners wondering whether now is a good time to refinance?The decision as to whether to refinance depends largely on your individual situation and goals. Here are a few key considerations to think about when deciding whether or not to refinance.Understand how current rates can work for you. Book a call...
Posted in:RefinanceRBAequityoffsetredraw  

2023 in review.

Posted by Chris Collard on 14 December 2023
2023 in review.
It’s hard to believe that it’s almost the end of the year, and what a year it’s been in the property world! Let’s look at some of the highlights from 2023. Interest rates climbed and then plateaued From May 2022, the Reserve Bank of Australia (RBA) began an aggressive cycle of tightening the cash rate to get inflation under control. In 2023, we saw the RBA lift the cash rate in February, March, May, June, and November, leaving mortgage holders grappling with rising...
Posted in:Property InvestmentInterest ratesRBARents  
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