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Remarkable Finance in Richmond, Victoria | Mortgage brokers



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Remarkable Finance

Locality: Richmond, Victoria



Address: 285 Lennox Street 3121 Richmond, VIC, Australia

Website: http://www.remarkablefinance.com.au

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25.01.2022 Great news for property buyers and sellers in Melbourne, with private inspections able to resume from today. This should see plenty more opportunities in the property market which has been extremely quiet in recent weeks due to lockdown.



24.01.2022 Interest rate update! The RBA has decreased the official cash rate to a new record low of 0.50%. This is in response to the economic threat posed by the bushfire crisis and the coronavirus outbreak.

23.01.2022 Interest rate update! While many of us were enjoying Melbourne Cup Day, the RBA reduced the cash rate by 0.15% to a new record low of 0.1%. In making this change the RBA has confirmed that further stimulus is required to aid Australia's economic recovery post Covid.

22.01.2022 Interest rate update! As expected, the RBA kept the official cash rate unchanged at 0.25% today, while the country continues to deal with the impacts of the Covid-19 pandemic. Reductions in consumer spending, falls in house prices, and the economic impact from further restrictions in Victoria are all being considered in their decision to keep the cash rate at 0.25%



21.01.2022 The Australian government has just announced $25k cash grants to build new homes or renovate existing properties. The scheme is aiming to boost the construction industry which has been struggling due to Covid-19.

21.01.2022 Interest rate update! The first cash rate decision for 2020 has been announced by the Reserve Bank of Australia with the rate unchanged at 0.75%, as it assesses the economic threat posed by the bushfire crisis and the coronavirus outbreak.

17.01.2022 Interest rate update! The RBA has met for the first time in 2021 and decided to leave the cash rate unchanged at 0.10%. The RBA will be pleased by better than expected unemployment and CPI numbers, while continuing to closely monitor house prices and the ongoing impact of COVID-19 on the broader economy.



15.01.2022 Emergency RBA announcement! The RBA has just announced an out-of-cycle rate cut bringing the official cash rate to a new record low of 0.25 per cent. This is designed to help the Australian economy withstand the impact of coronavirus.

14.01.2022 Great article summarising the coronavirus hardship responses from the major banks. For any clients thinking about deferring repayments, it is important to understand the impact 'interest capitalisation' will have on your loan long term. As always, reach out to me if you have any queries.

13.01.2022 Interest rate update! As expected, the RBA decided to leave the cash rate unchanged at 0.10%. The RBA has previously stated that it does not expect rates to increase until wage growth and inflation return to within its target range of 2-3%. However this will need to be carefully balanced against the low interest rate environment helping fuel the country's booming housing market.

10.01.2022 For those still keen to buy property in the coming months, it's great to see the real estate industry adjust really quickly to the new rules. Public auctions and open homes are now banned, but have been replaced with online auctions and private inspections. During these times, it is even more important to have pre-approval organised.

09.01.2022 Many Australian banks have announced a range of measures to assist home owners and small businesses survive the financial impact of Coronavirus. This includes deferring home loan repayments for up to 6 months for those who suffer financial hardship. Please reach out to me if you have any concerns about your existing home loan.



06.01.2022 Interest Rate Update! The RBA today announced that the cash rate will remain unchanged at 0.25%. This comes just 19 days after the RBA announced an emergency rate cut in response to the COVID-19 crisis. Now is a great time to review your home loan rate. Many lenders have reduced their fixed rates to levels well below the variable rates, providing great savings.

05.01.2022 Interest rate update! After a challenging year, the RBA has met for the final time in 2020 and decided to leave the cash rate unchanged. In the lead up to their next meeting in February, the RBA will continue to monitor the impact of COVID-19, the opening of state borders, our exchange rate and the looming reduction of government support packages.

05.01.2022 Interest rate update! As expected, the RBA kept the official cash rate unchanged at 0.25% today. The RBA continues to closely monitor the impact of the Covid-19 shutdown in Victoria and uncertainty surrounding the pace of a national recovery when determining the cash rate.

02.01.2022 Interest rate update! The RBA has decided to leave the cash rate unchanged at 0.10%, in line with their previous guidance that they expect rates to remain unchanged for some time.

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