This Week In Australian Property #3
What a change a week makes!
We’ve seen banks start to increase their interest rates across fixed, investor and interest only loans over the last week, a sign that the market is potentially gearing up for a rate rise. Analysts are cautiously changing their forecasts for 2017 and there is an increasing view we have seen the last of the interest rate cuts from the RBA. Is the Trump effect starting to take place? Will this effect property growth rates?
To counter the interest rate news, I’ve also included an article on refinancing your home loan to save money while interest rates are at a record low; and we take a sneak peak inside Dee & Darren’s new renovation project. After seeing this you may want to refinance your property to renovate instead!
Trending this week
Is This As Low As Interest Rates Go?
Could this be it? Have interest rates gone as low as they can go?
The Complete Costs of Buying a Home
How much do you need to save to buy a home? Be prepared for all the costs involved.
Interest Rates to Rise Even if RBA Holds: Australia’s Big Four Banks
Out of cycle rate rises despite expectation of RBA to hold the cash rate.
Our Early Xmas Present : Refinancing Our Home Loan
The best gift of all? Interest savings after refinancing.
Open For Inspection : Dee & Darren’s Latest Home Project
Dee & Darren have done it again! Explore their latest success.
The Weeks Auction Results
Auction Summary - Week ending Sunday 4 December 2016
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