Ocean Home Loans - Recent Posts - page 3

Interest Rates again to remain on hold again at 1.5%

Will they? Or won’t they? They haven’t since April 2016, and they didn’t today. The Reserve Bank of Australia has once again met and decided to keep interest rates on hold – the official cash rate is...

How does the 2018 Federal Budget affect you and your family

If you sat down at 7:30 last night to watch the 2018 Federal Budget Announcement, you may have found yourself a little overwhelmed. With so many figures and areas of taxation to get your head around,...

No movement as RBA keeps interest rates on hold

Sometimes, no news is good news. So, while many economists predict the next move on interest rates will be up they also think that, for the foreseeable future, the board of the Reserve Bank of Austra...

Steady, steady – Interest Rates remain at 1.50%.

Nothing drastic happened in March to stir the Australian economy, so it was no surprise the Reserve Bank of Australia retained its neutral stance – the official cash rate remains at a record low 1.50...

Steady as she goes – interest rates remain at 1.50%

Once again, the Reserve Bank of Australia has chosen to keep the official cash rate at the record low 1.50%. This was no surprise – in fact, economists believe that 2018 is most likely to see interes...

New year same official interest rates

The holiday is over. Or is it? Mortgage holders can continue to relish record low interest rates – the longest in history – as the Reserve Bank of Australia voted to keep the cash rate on hold. It ha...

RBA sees out 2017 with no Change to Official Interest Rates

The Reserve Bank of Australia has ended the year with good cheer and positive news – still no movement on interest rates, which remain at a record low 1.50%. In mid-November, economics writer, Terry ...

Official Interest Rates Steady at 1.5%

Interest rates aren’t necessarily on everyone’s minds at this time of year, with most of the country looking towards Flemington in Melbourne, the members of the Reserve Bank of Australia had their ey...

Do you have Genuine Savings for your Home Loan Deposit

Everyone knows you need a deposit to get a home loan, but fewer people realise that the deposit must meet certain requirements and in many cases must be considered as genuine savings. Lenders want to...

No change in interest rates

It’s that time of the year – the weather warms, the flowers blossom and the beaches fill up. But as some things change, others remain the same – like the official cash rate. The board members of the ...