The Changes To The First Home Owners Grant In WA

The changes announced to the first home owners grant have come into effect 01/07/2014. The first home owners grant in Western Australia is now slightly different for established homes and home that or new or being built.

Will The Banks Increase Home Loan Rates?

After the unexpected decision by The Reserve Bank Of Australia yesterday to keep the official cash rate on hold, there is much speculation today that the banks may increase their standard variable rate mortgages.

The Reserve Bank Cuts Interest Rates.

Some fantastic news today as The Reserve Bank Of Australia cut the official cash rate from 4.75% to 4.5%. Welcome relief for all mortgage holders, especially as Christmas approaches quickly.

The Reserve Bank Keeps Rates On Hold And Hints At A Rate Cut.

The Reserve Bank Of Australia has decided to keep the official cash rate on hold at its meeting today. Great news for all mortgage holders. More great news may be ahead, as the Reserve Bank Governor, Glenn Stevens also indicated a possible rate reduction in his statement today.

The Reserve Bank Of Australia Leaves Rates Unchanged.

Some welcome news for mortgage holders today, with the Reserve Bank Of Australia leaving mortgage interest rates on hold. With all the recent global turmoil on the share market, and concerns over sovereign debt levels of other countries, the RBA decided to err on the side of caution, leaving the official cash rate on hold.

Fixed Mortgage Interest Rates Falling.

With all the turmoil in the world share markets in recent weeks, and real concerns over many countries sovereign debt, fixed mortgage interest rates have started to fall with some banks and lenders. In many cases a 3 year fixed rate home loan is a fair bit cheaper than the discounted variable rate mortgages the banks and lenders are offering.

The RBA Keeps Interest Rates On hold.

Some great news for mortgage holders today, as The Reserve Bank of Australia kept the official cash rate on hold, at 4.75%.  There had been high speculation that the RBA may increase the official cash rate today, but thankfully mortgage holders have been spared a rate rise.

How Much Deposit Do I Need To Buy A $475,000 Home?

Time for my next article, with the how much deposit do I need series, we will look at how much deposit do you need to purchase a $475,000 property in Western Australia, both as a first home buyer, and non first home buyer (buying your second, third home, etc or investment property). We will look at the approx fees and charges too, to give you a guide to how much deposit you need to purchase your next home.

How Much Deposit Do I Need To Buy A $450,000 Home?

Time for my next article, with the how much deposit do I need series, we will look at how much deposit do you need to purchase a $450,000 property in Western Australia, both as a first home buyer, and non first home buyer (buying your second, third home, etc or investment property). We will look at the approx fees and charges too, to give you a guide to how much deposit you need to purchase your next home.

Why Get Pre Approved Mortgage Finance?

This is an email question from Thom in West Leederville. His question asks – I am considering buying an investment property, and I am wondering whether I should get pre approved mortgage finance? What are the benefits if I do? And what cost is involved?

]]> troy@mortgagefacts.com.au (Troy Davy) frontpage Sun, 03 Jul 2011 08:19:34 +0000