Custom Finance Group in Waterloo, New South Wales, Australia | Property

Custom Finance Group

Locality: Waterloo, New South Wales, Australia

Phone: +61 409 902 695

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• Property
• Financial service
• Mortgage brokers

24.01.2022 First Tuesday of the month and Reserve Bank Board meets again to decide whether the Australian Economy needs the accelerator or the brake, or whether it can keep cruising at current speed. Well, it is time to keep on cruising as they have left rates on hold. First quarter of 2014 already out of the way with an outlook of "more of the same" for the next quarter. We'll let you know if there are any significant factors that may effect this in the Reserve Bank statement later this week.

21.01.2022 http://www.smh.com.au//rba-says-next-interest-rate-move-al

18.01.2022 The New Year has well and truly kicked off in the property market. Looks like the strong trends apparent in the last half of 2013 are continuing in early 2014. We've already had clients miss out on properties that went for way more than expected. Later this afternoon the Reserve Bank Board will meet for the first time since early December. Most expectations are for no change to current rates, but there are signs of growth in the Australian Economy which could be a pointer to future increases. The picture does need to be viewed in context though, as the last quarter of each year has the traditional Christmas spending spree which inflates the consumer spending numbers. We'll let you know the outcome of their meeting once we have heard.

17.01.2022 Wow, Reserve Bank has dropped the Cash Rate to 1.75%. I wonder how the banks will react to that? Stay tuned!

15.01.2022 Well that last month has flown by and we are again waiting for the Reserve Bank to decide on interest rates. Given that the next meeting isn't until February, the last meeting of the year can often set the trend for the coming 12 months. Most expectations are for the rates to remain on hold. We will let you know the outcome of their meeting later this afternoon.

13.01.2022 Reserve Bank has left rates on hold. All steady over the Christmas/New Year break.

11.01.2022 Rates unchanged following Reserve Bank Board meeting this afternoon. We'll keep you up to date on any factors that may see a change in this position.

10.01.2022 Well another Reserve Bank Board meeting has been completed and rates remain on hold. Steady as she goes so far in 2014.

09.01.2022 Interesting artcile in SMH today with, in my opinion, a more balanced view on the Sydney property market. http://www.smh.com.au//simple-supply-and-demand-will-decid

09.01.2022 Well, Christmas is almost upon us. It has been a very hectic year with expectations on interest rates and the recent upturn in the property market keeping everyone on their toes. We wish everyone a very Merry Christmas and Happy New Year and look forward to assisting you in 2014.

08.01.2022 NAB to pass on the full 0.25% reduction. I wonder who will follow that lead?

03.01.2022 Lots of activity in the property market over the weekend. Have you got your loan pre-approval in place to ensure you know your limitations and can bid with confidence?

03.01.2022 Happy Easter to everyone. Stay safe and, if you are driving, drive carefully. Enjoy your extra-long weekend.