Tag Archives: increased rate

When should you refinance your home loan?

Last week, markets tipped that the next Reserve Bank of Australia (RBA) cash rate increase could come as early as February 2022. But with a generation of home buyers having never experienced a rate hike, many may be wondering if now is the right time to refinance their mortgage. With the key three-year bond rate […]

Home Loan Rate Hikes

rate hikes

2019: Start of Rate Hikes Will the RBA cut rates in 2019? Virgin Money and Bank of Queensland are the latest lenders to hike rates, quoting the rise in wholesale funding costs as the primary reason. Buyers are starting to shop around for more competitive rates from smaller lenders. Reduce Home Loans continues to hold […]

Rate City Home Loans Will US rate rises affect Australia?

Rising US Interest Rate

Will US rate rises affect Australia? By Rate City Mark Bristow Last night’s meeting of the US Federal Reserve increased America’s benchmark interest rate from 0.75% to 1%. Leading up to this widely-forecast increase, finance industry experts predicted that rising US interest rates may influence Australia and other countries where lenders could struggle with increased overseas funding costs, […]

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