It took more than two-and-a-half years but it finally happened on 1 November – a cut in interest rates by the Reserve Bank.
There are numerous aspects of a home loan to consider, but the ‘headline’ interest rate is a key focus for many people.
While much of the media focus is on the RBA’s deliberations each month, lenders have been lowering their fixed home loan rates in the background for the past couple of months. As a result, there are some great fixed rate offers available right now.
If you’d like to discuss how you can best benefit from the current interest rate environment, please feel free to call me to discuss. |
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First interest rate cut in 31 months |
Craig James, CommSec |
The Reserve Bank has broken a 31-month drought, lowering the cash rate by 0.25 per cent on 1 November, and reducing repayments on a $300,000 home loan by about $50 a month. more.
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Long-term results of property |
John McGrath, CEO, McGrath Estate Agents |
If you get the fundamentals of buying a property right, such as choosing a good location, history shows there’s a good chance of an excellent long-term outcome. more. |
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Who’s buying and selling in today’s market? |
| John McGrath, CEO, McGrath Estate Agents |
Despite all the doom-and-gloom stories, there are still plenty of people buying and selling property – find out who they are. more. |
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Investor signposts – 30 October 2011 |
Craig James, CommSec |
| The recently-released and much-watched inflation figures suggest inflation is at a seven-year low – a positive for all. more. |
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| Market Review |
| Herron Todd
White |
The top end of local real estate markets, the focus of this month’s HTW report, provide a good gauge to the state of the overall economy. | |
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CHARITY PROFILE |
For every loan Smartline organises, $10 is paid to a range of charities that we are proud to support on an ongoing basis.
Over $500,000 has been donated to date.
Smartline put together a team to participate in the Cerebral Palsy Challenge, an exciting 8 week team activity to improve your fitness and raised over $1,000 for children and adults with cerebral palsy. more. |
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INTEREST RATES |
Latest major interest rates. more. |
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