Home-loan borrowers have been given the heads-up not to expect any more interest rate cuts after the RBA gave the economy a quietly confident vote of approval.
News
Saving for a deposit for a home loan can be hard to do quickly, and is even hard for some people to get started at all.
Home loan borrowers can put their hopes on hold for short-term rate cuts as the struggling jobs market continues to hold the economy back.
Loan-to-value ratios (LVR’s) are in decline, with the latest AFG Mortgage Index figures showing them to be at their lowest level since 2012.
If Lara Bingle was to reinvent her spot as ambassador for the Australian Tourist Commission, she might well do it for the first home buyers in Victoria and once again pose the question: “Where the bloody hell are you?”
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