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RBA Rate Cut February 2025: All Four Banks Pass It On
- February 28, 2025
- Posted by: museswow
- Category: RBA Updates
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The RBA cut the cash rate from 4.35% to 4.10% in February 2025, the first reduction in four years. All four major banks have confirmed they will pass on the full 0.25% cut, reducing variable home loan rates for millions of Australian borrowers.
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RBA Cash Rate Prediction August 2024: Hold Likely
- August 5, 2024
- Posted by: museswow
- Category: RBA Updates
With annual CPI at 3.8% heading into August 2024, most economists expect the RBA to hold the cash rate at 4.35%. Here is what the inflation data shows, what a hold means for your home loan repayments, and what to watch in the months ahead.
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Rate Cut Hopes Fade 2024: Strategies for Home Loan Holders
- June 25, 2024
- Posted by: museswow
- Category: RBA Updates
Rate cut hopes in 2024 have faded as the RBA signals it is unlikely to ease until 2025. Government spending, rising rents and strong migration are keeping inflation above target. Here is what homeowners, buyers and investors can do right now to manage the prolonged high-rate environment.
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RBA Cash Rate Prediction October 2023: Hold Expected
- October 2, 2023
- Posted by: museswow
- Category: RBA Updates
Most experts are predicting the RBA will hold the cash rate in October 2023, following global central bank trends and signs of improving inflation. Here is what a hold means for your home loan repayments, buying power, and what you should be doing right now regardless of the outcome.
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Housing Affordability Australia: 2022 Crisis Explained
- June 1, 2022
- Posted by: museswow
- Category: Property and Finance
Housing affordability in Australia hit a record low in the March 2022 quarter, with the national dwelling value-to-income ratio reaching 8.5 and the average buyer needing 11.4 years to save a 20% deposit. Mortgage repayments now consume 41.4% of income nationally, while rental costs are rising too. Here is what the data means for buyers and renters across Australia.
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Housing Affordability Australia: 2022 Crisis Explained
- June 1, 2022
- Posted by: museswow
- Category: Property and Finance
Housing affordability in Australia hit a record low in the March 2022 quarter, with the national dwelling value-to-income ratio reaching 8.5 and the average buyer needing 11.4 years to save a 20% deposit. Mortgage repayments now consume 41.4% of income nationally, while rental costs are rising too. Here is what the data means for buyers and renters across Australia.
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RBA Cash Rate Rise May 2022: Impact on Your Home Loan
- May 14, 2022
- Posted by: museswow
- Category: RBA Updates
The RBA raised the cash rate by 0.25 percentage points in May 2022, the first rise since 2010. All four major banks passed on the increase in full. Here is what it means for your home loan repayments, your borrowing capacity, and the steps you can take to manage the change.
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RBA Interest Rate Forecast 2022: Plan for Rising Rates
- May 10, 2022
- Posted by: museswow
- Category: RBA Updates
The RBA is set to raise the cash rate for the first time in over a decade, with all four major banks forecasting a move in 2022. Variable-rate borrowers will feel the impact through higher monthly repayments, while property prices could fall 10-20% as borrowing capacity shrinks.
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RBA Interest Rate Forecast 2022: Plan for Rising Rates
- May 10, 2022
- Posted by: museswow
- Category: RBA Updates
The RBA is set to raise the cash rate for the first time in over a decade, with all four major banks forecasting a move in 2022. Variable-rate borrowers will feel the impact through higher monthly repayments, while property prices could fall 10-20% as borrowing capacity shrinks.
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RBA Cash Rate Hold 2021: What It Means for Home Buyers
- April 7, 2021
- Posted by: museswow
- Category: RBA Updates
The RBA held the cash rate at 0.10% in April 2021, keeping home loan rates near historic lows. While the central bank insisted no rate rise was coming before 2024, some economists were not so sure. Here is what the decision meant for home buyers and existing borrowers.
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