The reserve bank has stated that interest rates will be most likely staying at 2.5 per cent for the foreseeable future, but mortgage rates continue to fall as banks fight to win their share of the lending market.
News
Reaping the benefits of refinancing
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17 February 2014
The lengthy period of interest rate cuts has provided a boost to the number of people refinancing their loans.
Robust property market looks forward to big auction weekends
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17 February 2014
The property market is showing some robust signs early in 2014, with a couple of big auction weekends on the horizon.
Online valuations don't always tell the whole story
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14 February 2014
There are concerns in the real estate industry that quick, automated real estate valuations can be inaccurate and are damaging the market.
Australian dollar is too high: IMF
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13 February 2014
The recent collapse of the Australian car manufacturing industry has strengthened a new review of the Australian economy from the International Monetary Fund (IMF) that has found the Australian dollar is trading too high and needs to be around the low US80c region.
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