What You Should Know About Mortgage Interest Rates

At today’s board meeting the Reserve Bank decided to leave the cash rate unchanged at 1.50% (as of 4th July 2017). You may have noticed that the RBA cash rate remains steady month after month. And YET lenders are regularly increasing interest rates! Lending rates are increasing and the criteria for getting approved for a home loan is more stringent. … Continue reading What You Should Know About Mortgage Interest Rates