October 28, 2011 • 2:13 pm 0
A question I am often asked is whether it is best to buy an investment property in the city or the country. There is no easy or right answer to this question but like all investment decisions you should always invest some time in research. Read the rest of this entry »
Filed under: Property Investment
December 7, 2010 • 11:24 pm 0
On 2nd November to RBA decided to raise the cash rate by 0.25% to 4.75%. This is the seventh rate increase since October 2009, when the cash rate was at 30 year lows and continues the RBA’s perception that there remains inflationary pressures in the Australian economy.
Without doubt, it caught almost everyone by surprise as data released in the days prior led most economists to predict that rates would remain on hold. Adding further negative sentiment to the rate increase was the CBA’s decision to increase rates by an additional 0.20% with the other major banks certain to add an additional premium to their own increases.
For the average Australian mortgage holder Read the rest of this entry »
Filed under: Australian Economy, Budgeting, Finance Tips, Home Loans & Mortgages, Property Investment, The Economy, affordability, CBA, interest rates, mortgage, RBA, rental income, reserve bank
