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Housing Market: RBA has to leave home loan rates alone

HomeMate — Mon, 06 Jun 2011 23:59:56 +0000

The Reserve Bank of Australia Board meets today to decide the fate of homeowners home loan rates, and whether to raise interest rates, or to leave them alone. Our tip is that homeowners and home buyers are safe. The RBA will not raise the official cash rate till the picture of the Australian and World [...]

Home Loan Interest Rates: Is it dangerous for RBA to raise rates right now?

HomeMate — Tue, 24 May 2011 22:17:41 +0000

Australian homeowners and renters on hurting over mortgage rates, reduced family support, housing bubble concerns. Maybe we won’t be seeing an interest rate rise in June, even thought its likely and we predicted it last month. Many economists now say that an interest rate rise could push homeowners and renters over the top as mortgage [...]

Housing market report says home prices will rise by 20% willl cause mortgage rates to rise

HomeMate — Wed, 14 Oct 2009 03:14:30 +0000

To keep interests low and to provide affordable housing, Australia has to make it a priority to develop residential land, and to build homes to an over supply situation. That will have to mean developing new more efficient methods of developing land and building homes.

Master Builders call on Banks to pass on full interest rate cut

HomeMate — Tue, 03 Feb 2009 09:33:45 +0000

Master Builders Australia, the peak building and construction industry, has called on the banks to pass on in full the 100 basis point reduction in the cash rate by the central bank. The group said there is no case for the banks to withhold the benefits of lower interest rates to both households and builders. [...]

RBA leaves mortgage interest rates unchanged

HomeMate — Tue, 01 Jun 2010 05:05:33 +0000

The Reserve Bank board has left the official cash rate unchanged at 4.5 per cent, As Mr Mortgage predicted earlier, the official cash rate has been left unchanged, with the decision announced moments ago.