A recent report from ANZ and CoreLogic highlights the escalating financial burden Australians face regarding housing costs. On average, households earning around $101,000 are now dedicating an unprecedented 33% of …
Finance
Home loans
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The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …
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NAB has announced a pre-Christmas reduction in its basic variable home loan rate, targeting new mortgage customers despite the Reserve Bank’s interest rates potentially remaining steady for months. The bank …
- Finance
Going Nowhere: CBA Delays Rates Cut Predictions Despite Strongest Inflation Data in Years
by adminThe Commonwealth Bank of Australia (CBA) has revised its forecast regarding interest rate cuts by the Reserve Bank of Australia (RBA) and no longer expects a reduction before December 2024. …
- Finance
ANZ Lowers Fixed-Rate Home Loans for Select Customers, Raises Rates on ‘High-Risk’ Offers
by adminANZ has made another adjustment to its fixed home loan interest rates, becoming the final major bank to lower these rates. However, the new, reduced rates are only available to …
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