This marks an increase from $437 per week in August 2020, costing renters on average $8,000 more each year. Source: CoreLogic
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It is often a good idea to get finance pre-approved when looking to buy property. But can it be impacted if interest rates change?
It is often a good idea to get finance pre-approved when looking to buy property. But can it be impacted if interest rates change?
RBA increases cash rate again – what does this mean for homeowners?
The Reserve Bank of Australia (RBA) today moved the official cash rate for the second month in a row from 0.35% to 0.85%. Last month the bank increased the cash rate from the historic low of 0.1%, where it had been since November 2020. Since last month’s cash rate increase, 97% of lenders Mortgage Box … Continue reading “RBA increases cash rate again – what does this mean for homeowners?”
