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Get the insider's edge with Loan Market. When you use a Loan Market broker, you're giving yourself the insider's edge. That is because: *You can move fast to be streets ahead of other buyers since we know who is approving quickly *We foresee who will lend you more as we understand each lender's criteria. *We find you the hottest home loan specials, because we talk to lenders daily and take a truly impartial view of hundreds of loans. *By doing all the leg work such as completing paperwork and liaising with solicitors, we make it an easy and stress-free experience. My Services * Buying or constructing your first home? * Want to know if you're getting the best deal from your bank? * Thinking about buying an investment property? * Looking to consolidate your debit? Contact me today for an obligation free conversation.
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It's Reserve Banks Australia's (RBA) monetary policy decision (Interest rate decision) day. At its meeting today, RBA decided to leave the cash rate unchanged at 2.5 per cent. RBA said Markets appear to be attaching a very low probability to any rise in global interest rates or other adverse event over the period ahead. I believe this is a very good sign for the property owners and investors. The economic point of view: - Business condition gradually increasing. - It may take sometime for unemployment to decline consistently. - Growth in wages has declined noticeably and is expected to remain relatively modest over the period ahead Inflation is expected to be consistent with the 2–3 per cent target over the next two years.
The Australian Bureau of Statistics (ABS) said the Residential Property Price Index (RPPI) for the weighted average of the eight capital cities increased 1.8 per cent in the June quarter 2014. RPPI in Sydney increased by 3.1% and Melbourne by 1.3%. The mean price of dwellings in Australia is now $554,800, an increase of $45,000 over the year, this is more than twice the increase over the year to June 2013
It's Reserve Banks Australia's (RBA) monetary policy decision (Interest rate decision) day. At its meeting today, RBA decided to leave the cash rate unchanged at 2.5 per cent. Australian Economy * Due to stronger increase in resources exports is keeping Australian economy firmer * Consumer demand increasing * A strong expansion in housing construction is now under way. * There is a decline in resource sector investment. * Predicting some improvement in labour market this year but it may take time to unemployment to decline. * There is an increase in inflation rate but growth in wages has declined and expected to remain relatively modest over the period ahead. The RBA expects economic growth to be a little below the trend over the year head.
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