November 27, 2023 - Mortgage Need - Home Loan & Mortgage Broker Sydney

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Why rate rises have been lower than expected

December 4, 2024November 27, 2023 by Khader Hasan

The average interest rate charged on home loans has, surprisingly, increased by less than the series of cash rate hikes during 2022 and 2023. Between May 2022 and September 2023, the cash rate increased by 4.00 percentage points, whereas interest rates on outstanding mortgages increased by an average of only 2.90 percentage points, according to … Read more

More than 1m new vehicles have now been sold in 2023

December 11, 2024November 27, 2023 by Khader Hasan

Australians continue to buy new vehicles in record numbers, according to the latest data from the Federal Chamber of Automotive Industries (FCAI). A total of 106,809 new vehicles were sold in October, marking the fifth time in six months that a record for that particular month was set. Every state and territory recorded higher sales … Read more

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