Mortgage Rate News
Will there be another mortgage rate reduction?
30 September 2008
The crisis on Wall St and its adverse effect on the Australian stock market has thrown further rate reductions by the RBA into doubt... read full story
Surviving a mortgage rate rise
2 July 2008
When the mortgage rate rises, you will have to make a decision as to whether it is time to cut your losses and sell or find a way to afford your new repayments... read full story
Will the banks raise your mortgage rate?
15 May 2008
Many banks have raised their mortgage rate higher than the official rises of the Reserve Bank of Australia (RBA) but will this trend continue?.. read full story
Will the mortgage rate rise further?
7 April 2008
Mortgage rate rises have become the hot topic of discussions about personal finance in the past twelve months, as the consecutive and frequent interest rate rises from the Reserve Bank of Australia (RBA) have put pressure on working families with a mortgage... read full story
Mortgage rate to rise after RBA announcement
4 March 2008
Today, the Reserve Bank of Australia (RBA) announced a further 0.25% interest rate rise to 7.25% for the target interest rate, meaning more bad news for the average mortgage rate... read full story
Having a mortgage in times of high rates
29 February 2008
Paying off a mortgage is hard enough in the best of times, but it becomes much harder when mortgage rates are far higher than when you first took out the mortgage. As the economy is such a flexible system, how do you deal with such an ever-changing environment?.. read full story
Treasurer Wayne Swan believes tax cuts will address wage growth issue
27 February 2008
In a speech given to business leaders, Australian Federal Treasurer Wayne Swan has assured unions that the $31 billion in promised tax cuts over the years to come will be enough to take the thumbscrews off family budgets, as it would give them more money and possibly a better mortgage rate in the future... read full story
Swan fumbled the ball
16 January 2008
The blame game is already underway in Australian politics with opposition treasury spokesman Malcolm Turnbull declaring Wayne Swan has "fumbled the ball" with the banks lifting mortgage rates ahead of any official rise announced by the Reserve Bank of Australia next month... read full story
Mortgage rates tipped for February rise
28 November 2007
Mortgage rates are tipped to rise in February despite Kevin Rudd being swept to power at Saturday's federal election... read full story