Melbourne’s weekend auction market should see things heating right up off the back of the RBA’s latest interest rate cut.
News

The apparent slump in first-home buyer numbers isn’t quite as bad as analysts thought.

After much speculation over the last couple of months, with plenty of people split over which way interest rates would go next, the Reserve Bank last night dropped them a quarter of a per cent to a new record low of 2.25 per cent.

The Australian dollar is spiralling down at a rate of knots, early this morning it hit a five and half year low of 77.55 US cents.

Mortgage delinquencies are down across Australia in the last year, suggesting home owners are finding it easier to pay their mortgages.
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