Banks are now offering some of the lowest fixed mortgage interest rates ever, with some dipping below 3 per cent.
News
Treasurer moves to implement Hayne recommendations for mortgage brokers
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28 August 2019
Treasurer Josh Frydenberg is moving to implement some of the Hayne royal commission recommendations for mortgage brokers, targeting best-interest duties and bonus commissions.
RBA's August minutes forecast long period of low interest rates
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22 August 2019
The latest minutes from the RBA’s August meeting show the central bank expects a long period of record-low interest rates while the economy continues to weaken and the global economy suffers through trade wars.
Melbourne property market is gaining momentum
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21 August 2019
Dwellings that have been hanging around on the market for months have started to sell indicating the downturn has finally ended.
Westpac announces improvements to loan policies
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16 August 2019
In the wake of their big legal win against ASIC this week, Westpac has announced its plan to improve its loan policies.
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