RP Data-Rismark finds rise in home values for most capital cities in June. Average standard variable rate at 2-year low at 6.38%. Tips on how to avoid over-stretching your borrowing budget!
Property values rise: RateCity warns borrowers to watch their budgets!
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.
Rates to hold in June, but further cuts in 2016
The cash rate is set to hold at 1.75 per cent at Tuesday’s Reserve Bank meeting, with the board likely to sit on its hands until the May cut has a chance to flow through the economy.
Cash rate holds at 1.5%, yet mortgage stress on the rise
The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.
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.