Access One » Interest Rates

December 2011 RBA Announcement

AccessOne — Tue, 06 Dec 2011 03:49:29 +0000

At its meeting today, the Board decided to lower the cash rate to 4.25 per cent, effective 7 December 2011.

A Statement by Glenn Stevens, Governor or the Reserve Bank of Australia indicated growth in the global economy has moderated this year after a strong performance in 2010. Some of the slowing reflected temporary factors, and as [...]

RBA Announcement

AccessOne — Tue, 01 Nov 2011 03:59:19 +0000

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 4.5 per cent, effective 2 November 2011.

This rate cut may provide a boost to the property market, which has slowed in most parts of Australia. It could also improve the consumer confidence of potential home buyers.

A [...]

RBA Interest Rate Announcement

AccessOne — Tue, 04 Oct 2011 03:42:15 +0000

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

A Statement by Glenn Stevens claimed Conditions in global financial markets have continued to be very unsettled, with uncertainty increasing about both the prospects for resolution of the sovereign debt and banking problems in Europe, and the outlook for [...]

Banks Cut Fixed Rates

AccessOne — Tue, 30 Aug 2011 23:53:21 +0000

As global economic conditions have deteriorated, short-term fixed rate opportunities have become more attractive. It’s amazing what a month can do to the mortgage market. As lenders start to drop their fixed rates the whispers start “time to fix some or all of the mortgage”, so lets look at what is on offer and [...]

RBA Interest Rate Annoucement

AccessOne — Tue, 02 Aug 2011 07:03:58 +0000

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

The move comes as no surprise as consumers become cautious and are spending less and saving more. There was talk of an increase as inflation came in higher than expected last week but with all the global uncertainty [...]

Mortgage & Property Research Update

AccessOne — Tue, 19 Jul 2011 06:40:55 +0000

Welcome our first online Rate & Property watch report; giving you a quick snapshot of the mortgage and Property market today. As a full service Mortgage Broker, our role is not only helping you make the most informed mortgage decisions possible but also helping make you aware of a variety of issues that can affect [...]

RBA interest rate announcement

AccessOne — Tue, 05 Jul 2011 04:57:56 +0000

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

Mortgage holders breath a sigh of relief today as it seems the RBA have listened to the collective voice of most Australians.

In a statement by the governor of the RBA Glenn Stevens; The global economy is continuing [...]

RBA Interest Rate Announcement

AccessOne — Tue, 03 May 2011 04:45:35 +0000

Announcement

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

Great news for mortgage holders again today – the Reserve Bank has opted to keep rates on hold where it has been since November last year.

In a Statement by Glenn Stevens, Governor of the RBA; The global [...]

RBA Interest Rate

AccessOne — Tue, 05 Apr 2011 23:23:08 +0000

Announcement

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

Great news for mortgage holders on Tuesday – the Reserve Bank has opted to keep rates on hold where it has been since November last year.

And it appears the credit market is pricing in about one 1/4 [...]

Is this the start of the no deposit loans again?

AccessOne — Thu, 19 Aug 2010 01:14:13 +0000

Low deposit home loans

Low deposit, when is it going to No deposit? back in the good old days pre GFC a big portion of our loans we wrote were No deposit as first home owners were trying to get into the market then we had a melt down in the financial markets overseas and [...]