PROPERTY & HOME LOAN NEWS

• RBA Leaves Cash Rate at 4.75 Percent
  April 19, 2011 | 10:47 pm

  The Reserve Bank of Australia left the official cash rate at 4.75 percent at the April board meeting. The RBA said that the non-movement of the cash rate is due to the strong prices of commodities and the increase in private investments.

• Mortgage Refinance Essentials
  April 8, 2011 | 5:39 am

  Home loan refinancing can cut your interest rates, combine your debts into one account and get you a better loan deal. Before deciding whether or not to refinance, you must be sure that refinancing will give you more financial benefits and rewards than your current loan.

• No Guarantee of Lower Mortgages
  March 21, 2011 | 2:54 am

  There is no guarantee that mortgage rates will decrease in the near future, there is no concrete way that interest rates will go down due to the banking reforms that the government will introduce.

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