by Wendy Chamberlain | Sep 3, 2019 | Buying a Home
The RBA has kept the official interest rate on hold at its historic low of 1.0%. This comes after the RBA cut interest rates in June and July this year. Before that, the cash rate had sat at 1.5% for the better almost 3 years. RBA governor Philip Lowe said...
by Wendy Chamberlain | Aug 7, 2019 | Buying a Home
As predicted the Reserve Bank of Australia has maintained it’s record low interest rate of 1%, with no change at this month’s board meeting. The pause in cutting will allow time for RBA governor Philip Lowe time to see how the previous cuts will...
by Wendy Chamberlain | Jul 30, 2019 | Auctions, Buying a Home
Real Estate. It’s a funny business.You have at your disposal experts you can call on to help you on the journey and save you money. We’re talking big money, not small change you can find down the back of your couch.Yet it is probably still one of...
by Wendy Chamberlain | Jul 3, 2019 | Buying a Home
A few weeks on from the federal election and with an interest rate cut thrown in for good measure, it seems that there is some confidence returning to the Melbourne real estate market. Agents I’ve been speaking to have said that they’re seeing more...
by Wendy Chamberlain | Jul 2, 2019 | Buying a Home
The RBA has just announced it’s second rate cut in a row, bringing the cash rate down to a historic low of 1 per cent. Last month RBA governor Philip Lowe hinted at another rate cut, commented that it was “unrealistic to expect that lowering interest rates...
by Wendy Chamberlain | Jun 5, 2019 | Buying a Home
As many first home buyers struggle trying to get into the housing market, a new government scheme has been announced in the hopes of helping them take the first step on the property ladder. The First Home Loan Deposit Scheme will lower the required home deposit from...