First Home Hunting – Tips For Success
It’s an undoubtedly exciting time but with media reports sensationalising skyrocketing property prices it’s easy for first homebuyers to become a little despondent at their chances. Purchase with confidence by following our tried and tested tips. Budgeting Is Boring, But… It’s absolutely essential. Deciding to buy a home is a big decision and it really […]
Interest Rates At Historical Low
In a move sure to impress those in the market for a home loan, the Reserve Bank of Australia (RBA) has reduced the official cash rate to a record low of 2.0% earlier this week. This came as a surprise to many economists who had speculated the rate would hold steady to allow more time […]
Banks Pay Clients To Have A Home Loan?!
Negative interest rates in Europe have created a previously inconceivable problem for some banks: They may have to pay interest to customers who borrow from them. In countries such as Spain, Portugal and Italy the base interest rate used for many loans, especially mortgages, is Euribor, which stands for the euro interbank offered rate. Euribor is based […]