The Reserve Bank of Australia has cut interest rates by a surprise 50 basis points to 3.75%.
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The Real Estate Runner
A big congratulations to Principal David Gordon who ran the Canberra Marathon on Sunday April 15th in a very respectable time of 4 hours, 15 minutes.
LoanMarket: Fixed Rate Loans Surge
Demand for fixed rate home loans has been surging despite the prospect of official interest rate relief from the Reserve Bank of Australia (RBA), says leading mortgage broker Loan Market.
Watermark at Wategos Beach sells for $10 million
A Wategos Beach property on Byron Bay’s outskirt has been sold for a reputed $10 million, five years after its initial listing.
New Power Agent joins the Team
Ray White Byron Bay is excited to announce the addition of Adam Leatherbarrow to their sales team. Adam gained his experience in the busy Sydney marketplace where he quickly rose to be Read more ›
Reserve Bank of Australia awaiting new data before considering rate move
AN interest rate cut next month looks almost certain if inflation remains benign, according to the minutes from this month’s Reserve Bank meeting.
National housing market stabilises in first quarter of 2012
Australia’s housing market is showing signs of stabilising after home values rose 0.2 per cent in March.
Brian White labels housing market resilient as Ray White’s Australiasian March sales figures pass $2.4 billion
Brian White labels housing market resilient as Ray White’s Australiasian March sales figures pass $2.4 billion
Banks on track to bump house rates
Looking at RP Data-Rismark’s daily hedonic home value index, which is also published by the Australian Stock Exchange, we can see that the “stabilisation” evident in Australia’s housing market in 2012 has galvanized further during the month of April.
Twelve key points to consider before you start home renovations
Australians love a home project and are spending more on renovations each year, so as the trend continues towards renovating – rather than upgrading, to adapt to the softer property market, borrowers really need to maximise any money they outlay to ensure those funds are put to good use.
