by Wendy Chamberlain | Oct 1, 2019 | Buying a Home
The Reserve Bank has dropped its official cash rate below 1% for the first time as it battles rising unemployment and stimulate a slowing economy. This is the RBA’s third cut since June and comes after data showed the unemployment rate has increased to...
by Wendy Chamberlain | Sep 10, 2019 | Auctions, Buying a Home
Several suburbs in Melbourne will have six new train stations a few years from now. Part of a major project called the Suburban Rail Loop, this public transportation is aimed at providing Victorians easy access to their place of work, schools and other amenities. It...
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...