Access One » Interest Rates

Home loan rates to go down

AccessOne — Fri, 21 May 2010 02:56:52 +0000

What! I hear you say, home loan interest rates to go down, well someone had to say it and it appears John Edwards from residex is the first to stand up and give his view on why the next rate move may be down.

He noted the top 5 reasons that he thinks are [...]

Interest Rate Busters – statergies to fight the rate rises

AccessOne — Wed, 12 May 2010 09:30:55 +0000

You don’t have to take the Reserve Bank’s increase on the chin we explore a few idea’s that you can use to help combat any rate rise.

The RBA say’s we are at average interest rate levels

AccessOne — Tue, 04 May 2010 06:19:55 +0000

At its meeting today, the Board decided to raise the cash rate by 25 basis points to 4.5 per cent, effective 5 May 2010.

Mortgage holders will be disappointed with the increase but the RBA said with the risk of serious economic contraction in Australia having passed some time ago, the Board has been adjusting the cash rate [...]

Growth forecasts to push up rates says NAB

lee — Thu, 29 Apr 2010 04:48:29 +0000

Business conditions and confidence have eased slightly but still remain firmly in positive territory, which could prompt further official interest rate rises, a survey shows.
The National Australia Bank (NAB) said its survey showed optimism about future economic growth outshone a sharp fall in trading conditions in the March quarter.
NAB also [...]

Economists urge a rate raise

AccessOne — Thu, 29 Apr 2010 02:05:41 +0000

Will the Greek financial crisis give the RBA an excuse to put a hold on increasing the cash rate. Economists have indicated the RBA may loose it’s nerve to move the official cash rate next week despite the comments of the assistant governor Guy Debelle’s playing down Greece’s impact on the Australian economy.

Another senior [...]

Cheap home loans

AccessOne — Mon, 19 Apr 2010 03:20:06 +0000

The RBA recently lifted its official interest rates by 0.25% taking them to 4.25% effective 7 April 2010. The RBA governor Glenn Stevens indicated Interest rates to most borrowers have been somewhat lower than average. The Board judges that with growth likely to be around trend and inflation close to target over the coming year, [...]