First home buyers: be prepared for rising interest rates!

RateCity StaffJan 24, 2013( 1 min read )

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Singles priced out of the property market Australia wide

Only two of Australia’s eight capital cities have a median house price that can be afforded by an average single income, new analysis by Australia’s leading financial comparison website, RateCity.com.au, shows.

Sep 28, 2016( 3 min read )

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Borrowing cheaper but now more difficult

Home loan rates continue to drive lower in September with more than 220 rate cuts made in the past week, despite today’s RBA decision to leave interest rates on hold at 1.50 per cent.

Sep 6, 2016( 2 min read )

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Further rate hikes a sign of what's to come'

The Commonwealth Bank is the latest lender to lift interest rates for homebuyers looking to fix their home loan, raising rates on a number of fixed products.

Dec 3, 2016( 3 min read )

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RBA stalls, yet home loan rates continue to drop

The RBA may have left the cash rate unchanged at 1.50 per cent at today’s Board meeting, but home loan rates continue to drop with close to 200 cuts in the past month.

Oct 4, 2016( 2 min read )

Cheaper to buy on average FHB loan size Vs. median rents in most capital cities: Mortgage Choice But 1% rate rise could hike mortgage repayments by $41 per week or $164 per month! Borrowers need to prepare for rising rates: add 2% buffer to budget

RateCity Staff

FAQs

Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.

Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.

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First home buyers: be prepared for rising interest rates!

Related articles

Singles priced out of the property market Australia wide

Borrowing cheaper but now more difficult

Further rate hikes a sign of what's to come'

RBA stalls, yet home loan rates continue to drop

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