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In its first meeting of the year, the Reserve Bank has kept interest rates on hold today. Many economists had bet the Reserve Bank would cut rates by 0.25 per cent due to worries about the economic situation in Europe. … Continue reading
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The Reserve Bank has cut interest rates by 0.25 per cent. The 25 basis point fall comes on the back of a similar cut last month. The reduction is good news for people paying off a mortgage. “This will put … Continue reading
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Two common myths have been debunked again in the last couple of months. Firstly, spring is not the best time to sell, it is the best time to buy. Excess stock has come onto the market this spring relative to … Continue reading
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SPOOKED by low clearance rates and the higher costs of staging an auction, hundreds – potentially even thousands – of home owners are now choosing to sell by private treaty or take their properties off the market rather than risk … Continue reading
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Property commentators are “quietly confident” that property prices have bottomed out and will steadily increase from here on in.Speaking to Real Estate Business, RP Data’s chief executive officer Graham Mirabito said all the data suggested the property market has hit … Continue reading
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I KNOW $50 a month doesn’t sound like much, especially if you have a huge home loan. But if you let your mortgage eat the rate cut, instead of putting it back in your pocket, that $50 will wipe as … Continue reading
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The Reserve Bank has cut interest rates by 0.25 per cent. The 25 basis point fall is the first movement in rates since Melbourne Cup Day 2010 and has been widely tipped since lower-than-expected inflation figures were released last week. … Continue reading
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As stock levels surge and sales tighten up, buyers can be tempted to find their motivation split. Are they chasing a good buy or a good home? When sales stagnate, stock levels swell. The excess stock is then in competition … Continue reading
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IT’S official – your home is the best investment you are likely to have made. In the constant debate over shares versus property, bricks and mortar have won out. The ANZ review has found the family home has been the … Continue reading
One of the biggest mistakes property investors can make is believing that once you’ve purchased the property the only thing you need to do is up the rent every six to 12 months. Getting the best rental return is about … Continue reading