If you’re a non-resident that’s paying more than 5% mortgage rate for an investment property in Australia, find out how Colin refinanced to a lower rate.
The Reserve Bank of Australia has today announced the official cash rate for August to remain at 1.50%. It is unchanged for a record breaking period – 24 months. This should spells good news for property investors, considering the multitude of concerns around rising cost of borrowing, weakening market sentiments and tightening lending policies by banks.…
The Reserve Bank of Australia has today announced the official cash rate for June to remain at 1.50%. It was at this level since August 2016. Holding the rate at record low is probably a sign of the benign economy environment in Australia. With the Australia dollar weakening against US dollar, having a stronger interest…
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