News

More Rate Cuts Expected?

Welcome to our MARCH 2015 edition of News Alert!

Is another rate cut on the RBA’s agenda? The Housing Industry Association’s (HIA’s) economist Shane Garrett certainly believes it should be, and the sooner the better, “the RBA has strongly hinted that rates may be lowered in the months ahead and the rate should be cut again in April in order to dispel any uncertainty”.

RBA Pulls Rate Trigger

Welcome to our FEBRUARY 2015 edition of News Alert!

At its first board meeting of the year in February, the RBA chose to cut the cash rate from its previous record low of 2.5% – where it was held for 15 consecutive months. Tim Lawless, head of research CoreLogic RP Data says the rate cut is likely to bring the cost of mortgage debt to its lowest level since July 1968, which the Reserve Bank should be mindful of in the context of the housing market.

A Complementary Appraisal

Welcome to our JANUARY 2015 edition of News Alert!

Have you reviewed your mortgage lately? Many of us tend to take a ‘set and forget’ approach to our mortgage. There are many advantages to this but the primary disadvantage is that we may no longer be receiving the best deal possible. And worse there could be some fees attached to it that are no longer applicable to newer loans. Bottom line is we may all be paying more than we have to.

Interest Rates - The Year In Review

Welcome to our DECEMBER 2014 edition of News Alert!

At its last board meeting held recently the RBA again chose to leave the official cash rate at 2.5%, marking the 15th consecutive monthly meeting in which the Bank has chosen to remain on the sidelines.

Commercial Property Special Offers

Welcome to our OCTOBER 2014 edition of News Alert!

Looking to Refinance or Purchase Commercial Property?

Did you know that at Glenferrie Group our finance expertise is not limited to residential property.

Thinking of Investing in Property?

Welcome to our SEPTEMBER 2014 edition of News Alert!

With interest rates remaining on hold perhaps you’re contemplating purchasing an investment property.

Fixed Rates Gaining Traction

Welcome to our AUGUST 2014 edition of News Alert!

A further prolonged period of stability? Perhaps. The RBA have once again left rates on hold, believing that inflation is unlikely to move dramatically anytime soon.

Finance Update - July 2014

Welcome to our JULY 2014 edition of News Alert!

Not only are home loan rates down, but so too are motor vehicle and equipment leasing rates. Vehicle Rates (for business purposes) available from our panel of lenders can be obtained from as low as 5.35% based upon a new vehicle Purchase Price of $40,000.**

Is your home loan still measuring up?

Welcome to our JUNE 2014 edition of News Alert!

No surprise with interest rates remaining on hold with Reserve Bank of Australia leaving the official cash rate the same for the tenth consecutive month at a record low 2.5%.

Rates Unchanged - Melbourne Property?

Welcome to our MAY 2014 edition of News Alert!

The Reserve Bank of Australia has announced the outcome of its fourth board meeting of the year. As widely predicted, the RBA announced it will be keeping the cash rate on hold at 2.50%.

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