What is a Home Loan Comparison Rate?
Wondering what “home loan comparison rate” means and how the process works in Australia? Read our helpful guide for everything you need to know.
Wondering what “home loan comparison rate” means and how the process works in Australia? Read our helpful guide for everything you need to know.
The Reserve Bank lifted the official cash rate again this month
By understanding how the BBSW works and how it affects your finances, you can make more informed decisions about your money. Learn more in this guide.
When we look at house prices and trends, we generally look at average prices as whole across a city, and you don’t see the highs and lows of the average at a suburb level.
The official cash rate continues to climb and comments from the Reserve Bank governor Philip Lowe suggest that won’t change any time soon.
Falling property prices scare people away from the market, driven by fears they’ll pay too much for a house that keeps falling in value.
Prior to the latest few rounds of interest rate hikes, commercial property loans in Australia actually hit a record high, increasing by 12.8 per cent in the 12 months to June of this year.
New PopTrack statistics have laid bare the most expensive suburbs to buy property in the country, with 88 coming in with an automated valuation model (AVM) over $3 million.
The COVID pandemic rocked society through and through for a year or two and had its way with the property market, like it did everything else.
The housing market has copped its fair share of negative press this year but there’s signs the fearful sentiment is fading.