Limpid Finance

04/08/2023

The RBA’s decision to hold the cash rate at 4.1% will be considered a welcome reprieve for many, but it doesn’t necessarily signal an end to the rate hiking cycle.

04/01/2023

To get more information, Please get in touch today for a cost and obligation free chat.

10/12/2022

CoreLogic Home Value Index: National dwelling values fell -1.0% in
November, the smallest monthly decline since June

06/12/2022

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent.

04/10/2022

This rate rise has surprised the market as it is less than anticipated.

Mark Haron shares his views on the sixth consecutive cash rate rise.

“Despite the pace of the cash rate slowing, the news is still going to weigh heavily on households as they grapple with greater cost of living pressures.

In this challenging environment, brokers can support their clients by helping them understand what the latest rate rise means for them, and what actions to take—if any.

At the moment we’re seeing the lending market awash with sweetheart deals like generous cash back offers to help entice borrowers to switch lenders. However, it’s important brokers discuss the long-term implications of these offers. It may seem like a good deal now, but down the track is it going to cost them more? Will they get the features they value in a home loan?

MFAA data released on Friday shows broker market share is at an all-time high and this is likely to increase as borrowers continue to rely on the expertise of brokers in an increasingly complex lending environment.”

Read today’s official statement on the RBA’s website: https://protect-au.mimecast.com/s/Y_wNCNLJL3C0BG9GS8AKjW?domain=myfirstproperty.lt.acemlna.com

05/07/2022

The Reserve Bank of Australia has increased the official cash rate for the third month.

RBA Governor Philip Lowe said a combination of domestic and global factors are contributing to high inflation, including supply chain issues, high demands, a tight labour market and floods. He said, “the size and timing of future interest rate increases will be guided by… the Board's assessment of the outlook for inflation and the labour market”.

You can read the RBA's official statement here: https://bit.ly/3yJ4lPW

05/07/2022

From the remote town leading the nation on housework to the "man-drought" in our wealthiest suburbs, few datasets shine a light on our neighbourhoods quite like the census. See what's happening in yours.

04/07/2022

First home buyers around Australia could now apply for a mortgage using government initiative and save Thousands of Dollars!

From 1 July, 40,000 new places under the Federal Government’s Home Guarantee Scheme (HGS) will become available to help Australians to buy their own home.  

13/05/2022

WA Building Bonus grant timeframes extended!

Applications for the Building Bonus grant must meet contract and construction timeframes to be eligible for the grant.

03/05/2022

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points.