Potential for RBA cash rate reduction – but will lenders pass cut on in full? No movements from lenders likely until after ANZ monthly review on April 13. Fixed mortgage rates creeping up. While most mortgage holders doing well, problems at the margin – late mortgage repayments at almost 15-year high: how to avoid missing a mortgage repayment.
RateCity's Reserve Bank Rate Alert, April 2012 board meeting
Rates to hold at 1.5 per cent until 2017
The cash rate is set to hold at 1.50 per cent at Tuesday’s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.
Fixed rate war is waged as cash rate remains steady
The RBA has left the cash rate steady at 1.75 per cent at today’s board meeting, but banks have taken matters into their own hands cutting to close to 200 home loan rates in the past month.
Rate update: who has moved
All four of the big banks have announced they will cut variable home loan rates, withholding around half of yesterday’s 25 basis point RBA cut.
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.